Downtown Mesa Retail

Downtown Mesa

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,000
As of: January 23, 2017

Downtown Mesa Rates

On average, listings lease in the $10's per square foot per year. The Downtown Mesa submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 21% increase in rent.

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

Downtown Mesa Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1960 and are Class B.

Downtown Mesa Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Mesa occupants. Commuting approximately 20 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 Mesa.
Market Report

Market Data

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