Downtown Phoenix Sublease

Downtown Phoenix

Office Space Market Report

Number of Listings (last 90 days)
8
As of: April 25, 2017

Downtown Phoenix Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Phoenix submarket is going through a decrease in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 100% decrease in rent.

Downtown Phoenix Listing Supply

In the last 90 days, 8 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this market are around 18 stories. Most buildings in this region were built in 1965 and are Class A.

Downtown Phoenix Community

A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Phoenix 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 Downtown Phoenix.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Phoenix.
Research