Most listings are in the $20's per square foot per year. The Booker T. Washington submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 83% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Booker T. Washington submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 1 listings have come on the market, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,810 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Booker T. Washington residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.