Palm Acres Sublease

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Palm Acres

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,490
As of: July 25, 2017

Palm Acres Rates

The typical asking rate per listing is in the $20's per square foot per year. The Palm Acres region is going through a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% increase in rent.

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

Palm Acres Listing Supply

In the last 90 days, 0 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Palm Acres 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 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 1,490 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1985 and are Class B.

Palm Acres Community

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 region. Commute by public transit is the most popular way to get to work amongst Palm Acres folk. 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 Palm Acres.
Market Report

Market Data

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