On average, listings lease in the $20's per square foot per year. The Ahwatukee Foothills submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Ahwatukee Foothills region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 19 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 74% of the available leases in the Ahwatukee Foothills are subleases, so you might be able to find a shorter term or below market rent. 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 2,270 sqft. Most properties in this area are around 2 floors. Most buildings in this area 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 occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.