On average, listings lease in the $0's per square foot per year. The Grove at Black Canyon submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $26 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 11 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 sqft. Most properties in this market are close to 4 stories. Most buildings in this market 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 market. Commute by car is the most popular way to get to work amongst Grove at Black Canyon occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.