Most listings are in the $30's per square foot per year. The Sonoran submarket is going through a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Sonoran submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 35 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings in the Sonoran are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,820 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 2006 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Sonoran folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.