On average, listings lease in the $40's per square foot per year. The Pinnacle Peak Vistas region is seeing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle Peak Vistas submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 56% of the available leases in the Pinnacle Peak Vistas are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 370 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Most of the folk of Pinnacle Peak Vistas work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.