Compared to the rest of the Phoenix Metropolitan Area market, the Kierland submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Kierland are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,560 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 2000 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Kierland residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.