On average, listings lease in the $10's per square foot per year. The Phoenix Homesteads region is going through a an increase in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Phoenix Homesteads region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 6 listings have come on the market, which means listings are probably 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.
Even though the median size is 2,650 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area 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 region. Most of the folk 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.