On average, listings lease in the $20's per square foot per year. The Camelback East region is experiencing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 127 listings have been posted online, so you'll want to check back regularly for new listings. About 75% of the listings in the Camelback East are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,720 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1984 and are Class B.
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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.