On average, listings lease in the $10's per square foot per year. The Downtown Mesa submarket is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Mesa submarket has lower 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 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1968 and are Class B.
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 area. Commute by car is the most popular way to get to work amongst Downtown Mesa occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.