Compared to the rest of the Phoenix Metropolitan Area market, the Downtown Scottsdale submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 35 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available leases in the Downtown Scottsdale 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.
The standard measurement for office space in this area is around 1,530 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1982 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Scottsdale folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.