Tempe Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Tempe Rates

The typical asking rate per listing is in the $20's per square foot per year. The Tempe submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

Tempe Listing Supply

In the last 90 days, 104 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the listings in the Tempe are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,640 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1990 and are Class B.

Tempe Community

Market Report

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

Market Data

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