West Cactus Retail

West Cactus

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,470
As of: June 28, 2017

West Cactus Rates

On average, listings lease in the $30's per square foot per year. The West Cactus submarket is going through a a rise in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the West Cactus submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

West Cactus Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 140% of the listings in the West Cactus 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,470 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.

West Cactus Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst West Cactus occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in West Cactus.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Cactus.
Research