Encanto Retail


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 21, 2016

Encanto Rates

Most listings are in the $20's per square foot per year. The Encanto region is seeing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.

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

Encanto Listing Supply

In the last 90 days, 163 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Encanto are subleases, so you will probably have to consider a longer term 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 1,670 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1980 and are Class B.

Encanto Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Encanto occupants. Commuting close to an hour 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 Encanto.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Encanto.