Downtown Mesa Retail

Downtown Mesa

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
290
As of: May 22, 2017

Downtown Mesa Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Mesa submarket is going through a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a 100% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Mesa region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown Mesa Listing Supply

In the last 90 days, 6 listings have been made available, which means office spaces 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 300 sqft. Most buildings in this region are around 2 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 occupants. 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