The typical asking rate per listing is in the $10's per square foot per year. The Falcon Field region is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 33% decrease in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Falcon Field submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 buildings in this market are close to 2 stories. Most buildings in this market 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. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Falcon Field folk. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.