Cactus Sublease

Cactus

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
3,320
As of: June 23, 2017

Cactus Rates

On average, listings lease in the $10's per square foot per year. The Cactus submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $17 per sqft per year.

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

Cactus Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 117% of the available space in the Cactus 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.

Even though the median size is 3,320 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1985 and are Class B.

Cactus Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of Cactus work from home. Commuting close to 10 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 Cactus.
Market Report

Market Data

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