Compared to the rest of the Phoenix Metropolitan Area market, the Phoenix Homesteads submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 6 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the office spaces in the Phoenix Homesteads 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 2,650 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the residents of Phoenix Homesteads work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.