The typical asking rate per listing is in the $40's per square foot per year. The Pinnacle Peak Vistas submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $40 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Pinnacle Peak Vistas region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 9 listings have been listed, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the office spaces in the Pinnacle Peak Vistas are subleases, so you might be able to find a shorter term or below market rent. 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 370 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the folk of Pinnacle Peak Vistas work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.