On average, listings lease in the $20's per square foot per year. The Northwest Richfield submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
In the last 90 days, 4 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available space in the Northwest Richfield 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,030 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1995 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Northwest Richfield occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.