Monterey Arcadia Office Space

Monterey Arcadia

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,500
As of: January 22, 2017

Monterey Arcadia Rates

The typical asking rate per listing is in the $30's per square foot per year. The Monterey Arcadia submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 11% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Monterey Arcadia region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Monterey Arcadia Listing Supply

In the last 90 days, 12 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,500 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1983 and are Class B.

Monterey Arcadia 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 market. Most of the folk of Monterey Arcadia work from home. Commuting close to 30 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 Monterey Arcadia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Monterey Arcadia.
Research