On average, listings lease in the $20's per square foot per year. The Siete Square region is seeing a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Siete Square region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 75% of the listings in the Siete Square 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 3,310 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this region were built in 1986 and are Class B.
Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Siete Square folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.