Val Vista Lakes Sublease

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Val Vista Lakes

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,180
As of: February 24, 2017

Val Vista Lakes Rates

Most listings are in the $10's per square foot per year. The Val Vista Lakes region is seeing a decline in rates. In the last 3 months, the median rate fell $51 per sqft per year. That's a 72% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Val Vista Lakes submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Val Vista Lakes Listing Supply

In the last 90 days, 3 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,180 sqft. Most buildings in this area were built in 2003 and are Class B.

Val Vista Lakes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Val Vista Lakes residents. Commuting around an hour and a half 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 Val Vista Lakes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Val Vista Lakes.
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