Reed Park Sublease

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Reed Park

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
2,950
As of: March 12, 2017

Reed Park Rates

On average, listings lease in the $10's per square foot per year. The Reed Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 12% decrease in rent.

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

Reed Park Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases most likley are leasing quickly. 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 2,950 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1986 and are Class A.

Reed Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the residents of Reed Park work from home. Commuting between 30 and 45 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 Reed Park.
Market Report

Market Data

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