On average, listings lease in the $20's per square foot per year. The Pinnacle Hills submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
In the last 90 days, 2 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Pinnacle Hills 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,870 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 2006 and are Class A.
Public administration is the dominant industry in this market. Most of the residents of Pinnacle Hills work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.