Alhambra Retail

Alhambra

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,620
As of: December 6, 2016

Alhambra Rates

Most listings are in the $10's per square foot per year. The Alhambra region is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Alhambra submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Alhambra Listing Supply

In the last 90 days, 25 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the listings in the Alhambra are subleases, so you will probably have to focus your search on direct office leases. 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 1,620 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1975 and are Class C.

Alhambra Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Alhambra folk. 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 Alhambra.
Market Report

Market Data

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