Indian Bend Sublease

Indian Bend

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
9,590
As of: July 26, 2017

Indian Bend Rates

On average, listings lease in the $10's per square foot per year. The Indian Bend submarket is going through a decrease in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 43% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Indian Bend submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Indian Bend Listing Supply

In the last 90 days, 16 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 63% of the available leases in the Indian Bend 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,810 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1984 and are Class B.

Indian Bend Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Indian Bend occupants. Commuting under 5 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 Indian Bend.
Market Report

Market Data

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