On average, listings lease in the $30's per square foot per year. The McDowell Mountain Ranch submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $39 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the McDowell Mountain Ranch region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 38% of the listings in the McDowell Mountain Ranch 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.
The standard measurement for office space in this area is around 1,650 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Most of the residents of McDowell Mountain Ranch work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.