Camelback East Retail

Camelback East

Office Space Market Report

Number of Listings (last 90 days)
195
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,620
As of: December 9, 2016

Camelback East Rates

On average, listings lease in the $30's per square foot per year. The Camelback East region is seeing a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 33% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Camelback East Listing Supply

In the last 90 days, 188 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Camelback East are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,710 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.

Camelback East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Camelback East residents. 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 Camelback East.
Market Report

Market Data

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