On average, listings lease in the $20's per square foot per year. The Central Goodyear submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Central Goodyear region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been posted online, which means new listings are probably going fast. 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.
Even though the median size is 2,660 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Central Goodyear occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.