Airpark Sublease

Airpark

Office Space Market Report

Number of Listings (last 90 days)
62
Median Rate ($/sqft/yr)
$41
Median Size (sqft)
3,120
As of: August 18, 2017

Airpark Rates

The typical asking rate per listing is in the $40's per square foot per year. The Airpark region is going through a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 29% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Airpark region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Airpark Listing Supply

In the last 90 days, 62 listings have been listed, so you'll want to check back regularly for new listings. About 61% of the available space in the Airpark 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.

Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1999 and are Class B.

Airpark Community

Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Airpark residents. 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 Airpark.
Market Report

Market Data

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