On average, listings lease in the $20's per square foot per year. The Ahwatukee Foothills submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Ahwatukee Foothills region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been posted online, which means listings are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,990 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 2001 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Ahwatukee Foothills residents. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.