On average, listings lease in the $20's per square foot per year. The Coronado submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Coronado submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Coronado 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,280 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Coronado folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.