Most listings are in the $20's per square foot per year. The Thomas Place submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Thomas Place submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,100 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this area were built in 1984 and are Class B.
A large portion of this region 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 Thomas Place folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.