Surprise Office Space

Surprise

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
1,120
As of: February 26, 2017

Surprise Rates

On average, listings lease in the $30's per square foot per year. The Surprise region is experiencing a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 67% increase in rent.

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

Surprise Listing Supply

In the last 90 days, 8 listings have been made available, which means 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 1,120 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 2005 and are Class B.

Surprise Community

Market Report

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

Market Data

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

Surprise Submarkets