On average, listings lease in the $10's per square foot per year. The Globa region is seeing a an increase in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Globa region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Globa 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region were built in 1988.
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 area. Most of the residents of Globa work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.