Compared to the rest of the Phoenix Metropolitan Area market, the Fashion Square submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Fashion Square are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 11,750 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this region were built in 1987 and are Class A.
This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this area. Most of the occupants of Fashion Square work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.