The typical asking rate per listing is in the $30's per square foot per year. The Gainey Ranch submarket is going through a a rise in rates. In the last 3 months, the median rate increased $38 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Gainey Ranch submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 4 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Gainey Ranch 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Gainey Ranch work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.