Most listings are in the $40's per square foot per year. The Copper Square region is seeing a an increase in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Copper Square region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Copper Square 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 27,430 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 24 floors. Most buildings in this market were built in 1987 and are Class A.
Manufacturing is the dominant industry in this market. Most of the folk of Copper Square work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.