Spectrum at Val Vista Retail

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Spectrum at Val Vista

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Spectrum at Val Vista Rates

Most listings are in the $20's per square foot per year. The Spectrum at Val Vista region is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Spectrum at Val Vista region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Spectrum at Val Vista Listing Supply

In the last 90 days, 3 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,340 sqft. Most buildings in this area were built in 2006 and are Class B.

Spectrum at Val Vista Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the folk of Spectrum at Val Vista work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.