Downtown Tempe Office Space

Downtown Tempe

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
15,710
As of: May 20, 2017

Downtown Tempe Rates

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Tempe region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Tempe Listing Supply

In the last 90 days, 7 listings have been posted online, 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.

Even though the median size is 15,710 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 8 floors. Most buildings in this market were built in 1991 and are Class B.

Downtown Tempe Community

Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Tempe residents. 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 Downtown Tempe.
Market Report

Market Data

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

Tempe Submarkets