Most listings are in the $20's per square foot per year. The Pinnacle Peak Vistas region is experiencing a decrease in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 41% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle Peak Vistas region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 11% of the available leases in the Pinnacle Peak Vistas 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 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 occupants of Pinnacle Peak Vistas work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.