Airpark Sublease

Airpark

Office Space Market Report

Number of Listings (last 90 days)
62
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,790
As of: May 29, 2017

Airpark Rates

On average, listings lease in the $20's per square foot per year. The Airpark submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

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

Airpark Listing Supply

In the last 90 days, 62 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Airpark are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,790 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1998 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 occupants. Commuting approximately 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