Central City Sublease

Central City

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
4,040
As of: August 15, 2017

Central City Rates

Compared to the rest of the Phoenix Metropolitan Area market, the Central City region has higher rates, and you'll need to make a great offer to be in this hot region.

Central City Listing Supply

In the last 90 days, 26 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 146% of the available leases in the Central City 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1971 and are Class B.

Central City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central City folk. Commuting around an hour 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 Central City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central City.
Research