Goodyear Office Market Trends

Office Rental Market

  • $27.68 2019 Avg. Asking Rent
  • 9.44 % 2019 Avg. Vacancy Rate
  • 45,000 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Goodyear was $27.68 per square foot, and the office vacancy rate across the market averaged 9.44 %. During 2019, developers added 45,000 square feet of new office space to the Goodyear market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Goodyear Class A Office Buildings$30.44
  • Goodyear Class B Office Buildings$24.20
  • AZ Class A Office Buildings$31.21
  • AZ Class B Office Buildings$22.48
  • AZ Class C Office Buildings$17.99

Goodyear, AZ Office Asking Rents by Class

OFFICE CONSTRUCTION IN Goodyear, AZ

  • Goodyear, AZ Total Sqft completed in 2019 45,000
  • Goodyear, AZ Total Sqft under construction in 2020 0
10 Largest Office Buildings in Goodyear
Building name Address Total Sqft Year built
Goodyear Integrated Medical Office Building 13555 West McDowell Road, 85395 101,241 2004
Palm Valley Office Park I & II 1646 North Litchfield Road, 85395 83,575 2000
Palm Valley Professional Plaza 2960 North Litchfield Road, 85395 72,400 2006
Canyon Trails Professional Center 700 North Estrella Pkwy, 85338 70,000 2008
Palm Valley Office Park III 1626 North Litchfield Road, 85395 60,438 2007
555 North Litchfield Road 555 North Litchfield Road, 85338 50,044 2005
Goodyear Financial Center 250 North Litchfield Road, 85338 45,800 2001
Indian Palms Medical & Professional Plaza 14535 West Indian School Road, 85395 45,413 2005
Adelante Goodyear Health Center 13471 West Cornerstone Blvd, 85395 45,000 2019
Palm Place Plaza 14411 West McDowell Road, 85395 44,623 2007
Largest Office Properties Recently Completed in Goodyear
Office building Address Sqft Completed
Adelante Goodyear Health Center 13471 West Cornerstone Blvd, 85395 45,000 2019
Canyon Trails Professional Center 700 North Estrella Pkwy, 85338 70,000 2008
2293 & 2333 North Pebble Creek Pkwy 2293 North Pebble Creek Pkwy, 85395 26,314 2008
Palm Valley Office Park III 1626 North Litchfield Road, 85395 60,438 2007
Palm Place Plaza 14411 West McDowell Road, 85395 44,623 2007
Estrella Professional Center 15655 West Roosevelt Street, 85338 25,586 2007
Palm Valley Professional Plaza 2960 North Litchfield Road, 85395 72,400 2006
555 North Litchfield Road 555 North Litchfield Road, 85338 50,044 2005
Indian Palms Medical & Professional Plaza 14535 West Indian School Road, 85395 45,413 2005
Goodyear Integrated Medical Office Building 13555 West McDowell Road, 85395 101,241 2004
Data provided by Commercial Edge

Office Spaces for Rent in Arizona

See trends for nearby markets

The Goodyear office market contains an inventory of 695,133 square feet of office space, in 44 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Goodyear commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.