Deer Valley Retail

Deer Valley

Office Space Market Report

Number of Listings (last 90 days)
36
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
10,570
As of: December 3, 2016

Deer Valley Rates

The typical asking rate per listing is in the $20's per square foot per year. The Deer Valley region is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decline in rent.

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

Deer Valley Listing Supply

In the last 90 days, 36 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the office spaces in the Deer Valley 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.

Even though the median size is 10,570 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 2001 and are Class B.

Deer Valley Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Deer Valley occupants. Commuting around 10 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 Deer Valley.
Market Report

Market Data

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