On average, listings lease in the $20's per square foot per year. The Indian Bend region is going through a a boost in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Indian Bend region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 16 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Indian Bend 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.
The standard measurement for office space in this area is around 2,490 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Indian Bend occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.