On average, listings lease in the $30's per square foot per year. The Schaffner Estates region is going through a a boost in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Phoenix Metropolitan Area market, the Schaffner Estates submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Schaffner Estates 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,980 sqft, there are still 0 leases below 2,000 sqft.
A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Schaffner Estates residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.