Arizona Sublease

Arizona

Office Space Market Report

Number of Listings (last 90 days)
2,077
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,890
As of: January 16, 2017

Arizona Rates

The typical asking rate per listing is in the $20's per square foot per year. The Arizona submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Arizona Listing Supply

In the last 90 days, 2173 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the listings in the Arizona are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,950 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1992 and are Class B.

Arizona Community

Market Report

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

Market Data

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