On average, listings lease in the $40's per square foot per year. The Pinnacle Peak Vistas submarket is going through a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle Peak Vistas submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the Pinnacle Peak Vistas 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 530 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 region. Most of the occupants of Pinnacle Peak Vistas work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.