Palo Verde Sublease

Palo Verde

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,520
As of: December 2, 2016

Palo Verde Rates

Compared to the rest of the Tucson Metropolitan Area market, the Palo Verde submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Palo Verde Listing Supply

In the last 90 days, 6 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Palo Verde 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 2,520 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1996 and are Class B.

Palo Verde Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Palo Verde folk. Commuting close to 30 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 Palo Verde.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palo Verde.
Research