Monterey Arcadia Retail

Monterey Arcadia

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Monterey Arcadia Rates

On average, listings lease in the $30's per square foot per year. The Monterey Arcadia region is going through a a rise in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 59% rise in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Monterey Arcadia submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Monterey Arcadia Listing Supply

In the last 90 days, 15 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,270 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1983 and are Class B.

Monterey Arcadia Community

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 occupants of Monterey Arcadia work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Monterey Arcadia.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Monterey Arcadia.