Falcon Field Retail

Falcon Field

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,960
As of: August 20, 2017

Falcon Field Rates

The typical asking rate per listing is in the $10's per square foot per year. The Falcon Field region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Falcon Field region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Falcon Field Listing Supply

In the last 90 days, 13 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 62% of the office spaces in the Falcon Field are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,960 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 2005 and are Class B.

Falcon Field Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Falcon Field residents. Commuting close to an hour 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 Falcon Field.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Falcon Field.
Research