Reed Park Retail

Reed Park

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,140
As of: December 4, 2016

Reed Park Rates

Most listings are in the $10's per square foot per year. The Reed Park region is experiencing a a boost in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% increase in rent.

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

Reed Park Listing Supply

In the last 90 days, 3 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,140 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1982 and are Class C.

Reed Park 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. Most of the residents of Reed Park work from home. 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 Reed Park.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Reed Park.
Research