Compared to the rest of the Phoenix Metropolitan Area market, the Wellington Place submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 16 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,740 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 15 floors. Most buildings in this market were built in 1985 and are Class B.
Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Wellington Place residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.