On average, listings lease in the $10's per square foot per year. The North Mountain submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 221 listings have come on the market, so you'll want to check back regularly for new listings. 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 990 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst North Mountain folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.