Cave Creek Sublease

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Cave Creek

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
980
As of: July 23, 2017

Cave Creek Rates

Most listings are in the $10's per square foot per year. The Cave Creek region is experiencing a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

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

Cave Creek Listing Supply

In the last 90 days, 3 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Cave Creek 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 980 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 2007 and are Class B.

Cave Creek Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Cave Creek occupants. Commuting close to 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 Cave Creek.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Cave Creek.
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Cave Creek Submarkets