Downtown Mesa Retail

Downtown Mesa

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,200
As of: August 21, 2017

Downtown Mesa Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown Mesa region is experiencing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 42% decrease 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, 6 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Downtown Mesa 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.

The standard measurement for office space in this area is around 2,200 sqft. Most properties in this market are close to 1 floors. Most buildings in this region were built in 1968 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 region. Commute by car is the most popular way to get to work amongst Downtown Mesa folk. Commuting around 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