Resort Corridor Sublease

Resort Corridor

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,950
As of: June 23, 2017

Resort Corridor Rates

Most listings are in the $40's per square foot per year. The Resort Corridor region is experiencing a a boost in rates. In the last 3 months, the median rate increased $45 per sqft per year.

Compared to the rest of the Phoenix Metropolitan Area market, the Resort Corridor region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Resort Corridor Listing Supply

In the last 90 days, 39 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the listings in the Resort Corridor are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,950 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1987 and are Class B.

Resort Corridor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the folk of Resort Corridor 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.

Market Report

Trends and status of the commercial real estate market in Resort Corridor.
Market Report

Market Data

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