Maryvale Sublease

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Maryvale

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,400
As of: June 28, 2017

Maryvale Rates

Most listings are in the $10's per square foot per year. The Maryvale submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Maryvale region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Maryvale Listing Supply

In the last 90 days, 8 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 75% of the available leases in the Maryvale 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,400 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 2004 and are Class B.

Maryvale 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 market. Commute by car is the most popular way to get to work amongst Maryvale residents. Commuting more than an hour and a half 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 Maryvale.
Market Report

Market Data

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