Tempe Office Space

Tempe

Office Space Market Report

Number of Listings (last 90 days)
68
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,190
As of: February 28, 2017

Tempe Rates

Most listings are in the $20's per square foot per year. The Tempe submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease 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 discounted region.

Tempe Listing Supply

In the last 90 days, 69 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the listings in the Tempe are subleases, so you might be able to snag a great spot on a short term. 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 2,190 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1987 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.
Research

Tempe Submarkets