Wellington Place Sublease

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Wellington Place

Office Space Market Report

Number of Listings (last 90 days)
28
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,940
As of: August 21, 2017

Wellington Place Rates

Compared to the rest of the Phoenix Metropolitan Area market, the Wellington Place submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Wellington Place Listing Supply

In the last 90 days, 28 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 29% of the available leases in the Wellington Place 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,940 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 15 floors. Most buildings in this market were built in 1985 and are Class B.

Wellington Place Community

Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Wellington Place occupants. Commuting around 30 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 Wellington Place.
Market Report

Market Data

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