Deer Valley Retail

Deer Valley

Office Space Market Report

Number of Listings (last 90 days)
24
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,510
As of: July 25, 2017

Deer Valley Rates

The typical asking rate per listing is in the $20's per square foot per year. The Deer Valley region is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 27% decrease 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 submarket.

Deer Valley Listing Supply

In the last 90 days, 24 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 79% of the available leases in the Deer Valley are subleases, so you might be able to find a shorter term or below market rent. 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 1,550 sqft. Most buildings in this market are around 2 floors. Most buildings in this region 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 region. 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