Encanto Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

Encanto Rates

The typical asking rate per listing is in the $20's per square foot per year. The Encanto submarket is experiencing a an increase 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 Encanto submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Encanto Listing Supply

In the last 90 days, 160 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Encanto are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,690 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this area were built in 1980 and are Class B.

Encanto Community

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

Market Data

Real time and historical data on commercial real estate listings in Encanto.