Most listings are in the $40's per square foot per year. The Resort Corridor submarket is going through a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 28% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Resort Corridor region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 39 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 18% of the available space in the Resort Corridor 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,870 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Most of the occupants of Resort Corridor work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.