Waterfront Office Space

Waterfront

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
4,710
As of: December 9, 2016

Waterfront Rates

Most listings are in the $40's per square foot per year. The Waterfront region is going through a a rise in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Waterfront submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Waterfront Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings most likley are 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,710 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 2006 and are Class A.

Waterfront Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the occupants of Waterfront work from home. Commuting between 30 and 45 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 Waterfront.
Market Report

Market Data

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