Arizona Retail

Arizona

Office Space Market Report

Number of Listings (last 90 days)
1,683
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,800
As of: May 21, 2017

Arizona Rates

The typical asking rate per listing is in the $20's per square foot per year. The Arizona submarket is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 5% rise in rent.

Arizona Listing Supply

In the last 90 days, 1683 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Arizona are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1990 and are Class B.

Arizona Community

Market Report

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

Market Data

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