Grayhawk Sublease

Grayhawk

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,800
As of: December 2, 2016

Grayhawk Rates

Most listings are in the $30's per square foot per year. The Grayhawk region is experiencing a a rise in rates. In the last 3 months, the median rate rose $30 per sqft per year. That's a Inf% rise in rent.

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

Grayhawk Listing Supply

In the last 90 days, 9 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 2007 and are Class B.

Grayhawk Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Most of the folk of Grayhawk work from home. Commuting more than an hour and a half 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 Grayhawk.
Market Report

Market Data

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