The Octotillo Retail

The Octotillo

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
12,860
As of: June 22, 2017

The Octotillo Rates

Most listings are in the $20's per square foot per year. The The Octotillo region is seeing a an increase in rates. In the last 3 months, the median rate rose $25 per sqft per year.

The Octotillo Listing Supply

In the last 90 days, 6 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the The Octotillo 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 12,860 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 2005 and are Class B.

The Octotillo Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst The Octotillo residents. Commuting between 20 and 25 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 The Octotillo.
Market Report

Market Data

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

Chandler Submarkets