On average, listings lease in the $20's per square foot per year. The Via Linda Corridor submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the Via Linda Corridor submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 22 listings have been listed, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,250 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1998 and are Class B.
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. Commute by car is the most popular way to get to work amongst Via Linda Corridor occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.