The typical asking rate per listing is in the $30's per square foot per year. The Gilbert Ranch submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Gilbert Ranch submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Gilbert Ranch are subleases, so you might be able to find a shorter term or below market rent. 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 29,890 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area were built in 2012.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Gilbert Ranch occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.