The typical asking rate per listing is in the $20's per square foot per year. The Grove at Black Canyon submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Grove at Black Canyon region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,110 sqft. Most properties in this region are approximately 4 stories. Most buildings in this region were built in 1998 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Grove at Black Canyon occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.