Tempe Retail

Tempe

Office Space Market Report

Number of Listings (last 90 days)
69
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,720
As of: June 26, 2017

Tempe Rates

On average, listings lease in the $20's per square foot per year. The Tempe region is experiencing a a rise in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Tempe submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Tempe Listing Supply

In the last 90 days, 69 listings have been made available, so you'll want to check back regularly for new listings. About 116% of the listings in the Tempe 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.

The standard measurement for office space in this area is around 1,720 sqft. Most buildings in this area are close to 2 stories. Most buildings in this area were built in 1986 and are Class B.

Tempe Community

Market Report

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

Market Data

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

Tempe Submarkets