Booker T. Washington Sublease

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Booker T. Washington

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,660
As of: January 22, 2017

Booker T. Washington Rates

The typical asking rate per listing is in the $10's per square foot per year. The Booker T. Washington submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 45% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Booker T. Washington region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Booker T. Washington Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities are probably going fast. 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.

Even though the median size is 4,660 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1982 and are Class B.

Booker T. Washington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Booker T. Washington occupants. Commuting around 20 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 Booker T. Washington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Booker T. Washington.
Research