Most listings are in the $20's per square foot per year. The Deer Valley region is going through a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Deer Valley submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 31 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Deer Valley are subleases, so you will probably have to consider a longer term lease. 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 4,990 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market 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. Finance and insurance are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Deer Valley folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.