The typical asking rate per listing is in the $30's per square foot per year. The Kierland region is going through a a rise in rates. In the last 3 months, the median rate increased $36 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Kierland submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 5 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 300% of the available space in the Kierland are subleases, so you might be able to snag a great spot on a short term. 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 5,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 2000 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Kierland residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.