Cactus Sublease

Cactus

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,530
As of: August 21, 2017

Cactus Rates

Most listings are in the $20's per square foot per year. The Cactus region is going through a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 11% increase in rent.

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

Cactus Listing Supply

In the last 90 days, 6 listings have been made available, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 167% of the available leases in the Cactus are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1981 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 region. Most of the occupants of Cactus work from home. Commuting approximately 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