Downtown Glendale Retail

Downtown Glendale

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,000
As of: August 18, 2017

Downtown Glendale Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Glendale region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Glendale submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Downtown Glendale Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Downtown Glendale 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1957 and are Class B.

Downtown Glendale Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Glendale folk. Commuting between 30 and 45 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 Downtown Glendale.
Market Report

Market Data

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