New River Retail

New River

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
5,730
As of: February 27, 2017

New River Rates

Compared to the rest of the Phoenix Metropolitan Area market, the New River submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

New River Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces are probably leasing quickly. 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.

Even though the median size is 5,730 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this region were built in 2003 and are Class A.

New River Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst New River folk. Commuting close to 10 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 New River.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New River.
Research

New River Submarkets