McCormick Ranch Office Space

McCormick Ranch

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,070
As of: May 22, 2017

McCormick Ranch Rates

Most listings are in the $20's per square foot per year. The McCormick Ranch submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the McCormick Ranch submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

McCormick Ranch Listing Supply

In the last 90 days, 16 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,070 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1986 and are Class B.

McCormick Ranch Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst McCormick Ranch occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in McCormick Ranch.
Market Report

Market Data

Real time and historical data on commercial real estate listings in McCormick Ranch.
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