Camelback East Sublease

Camelback East

Office Space Market Report

Number of Listings (last 90 days)
127
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
2,000
As of: August 19, 2017

Camelback East Rates

On average, listings lease in the $20's per square foot per year. The Camelback East submarket is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 5% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Camelback East Listing Supply

In the last 90 days, 127 listings have come on the market, so you'll want to check back regularly for new listings. About 88% of the office spaces in the Camelback East 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 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.

Camelback East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Camelback East occupants. 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 Camelback East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Camelback East.
Research