Desert View Sublease

Desert View

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
4,030
As of: January 19, 2017

Desert View Rates

The typical asking rate per listing is in the $30's per square foot per year. The Desert View submarket is going through a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% rise in rent.

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

Desert View Listing Supply

In the last 90 days, 8 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Desert View 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,110 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 2006 and are Class B.

Desert View Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Desert View 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 Desert View.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Desert View.
Research