2021 Office Space Rent & Sales
- $25.01 2021 Avg. Asking Rent
- 0.87% Y-o-Y Avg. Asking Rent Change
- 8.25% 2021 Office Vacancy Rate
Peoria office price per square foot in 2021 was $25.01 on average. This marked a +0.87% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 8.25% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Peoria Class A & A+ Office Space$24.59
- Peoria Class B Office Space$25.25
- Arizona Class A & A+ Office Space$31.36
- Arizona Class B Office Space$24.53
- Arizona Class C Office Space$18.66
Peoria, AZ Office Asking Rents by Class
Office Spaces for Rent in Arizona
- Phoenix Office Space
- Scottsdale Office Space
- Tempe Office Space
- Mesa Office Space
- Tucson Office Space
- Chandler Office Space
- Gilbert Office Space
- Glendale Office Space
- Peoria Office Space
- Goodyear Office Space
- Surprise Office Space
- Casa Grande Office Space
- Sun City Office Space
- Avondale Office Space
- Paradise Valley Office Space
Coworking Spaces in Arizona
- Los Angeles Coworking Space
- San Francisco Coworking Space
- Denver Coworking Space
- San Diego Coworking Space
- Las Vegas Coworking Space
- Irvine Coworking Space
- Phoenix Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Oakland Coworking Space
- Salt Lake City Coworking Space
- Santa Monica Coworking Space
- Colorado Springs Coworking Space
- Berkeley Coworking Space
- San Jose Coworking Space
- Tucson Coworking Space
- Tempe Coworking Space
- Mesa Coworking Space
- Chandler Coworking Space
- Gilbert Coworking Space
2021 Office Construction in Peoria, AZ
- Peoria, AZ Total SF under construction in 2022 43,873
| Office building | Address | SF | Completed |
|---|---|---|---|
| Plaza Town Center Professional Plaza | 9139 W Thunderbird Rd, 85381 | 28,978 | 2007 |
| Northpointe Corporate Center | 9220 W Union Hills Dr, 85382 | 4,600 | 2007 |
| 9192 W Union Hills Dr | 9192 W Union Hills Dr, 85382 | 4,588 | 2007 |
| 9192 W Union Hills Dr | 9192 W Union Hills Dr, 85382 | 4,588 | 2007 |
| Thunderbird Wellness Centre | 6750 West Thunderbird Road, 85381 | 56,413 | 2006 |
| Arrowhead Business Park | 8765 W. Kelton Lane Building C1, 85382 | 5,458 | 2006 |
| 9200 W Union Hills Dr | 9200 W Union Hills Dr, 85382 | 4,588 | 2006 |
| 9200 W Union Hills Dr | 9200 W Union Hills Dr, 85382 | 4,588 | 2006 |
| Northpointe Corporate Center | 9240 W Union Hills Dr, Ste 100, 85382 | 4,588 | 2006 |
| 8765 W Kelton Ln | 8765 W Kelton Ln, 85382 | 3,535 | 2006 |
Worth noting among recent office completions on the Peoria market is Plaza Town Center Professional Plaza, which is currently the largest new office development in the city, at 28,978 square feet.
See reports for other markets
- Phoenix Office Rent Price
- Scottsdale Office Rent Price
- Tempe Office Rent Price
- Mesa Office Rent Price
- Chandler Office Rent Price
- Gilbert Office Rent Price
- Glendale Office Rent Price
- Goodyear Office Rent Price
- Surprise Office Rent Price
- Sun City Office Rent Price
- Sun City West Office Rent Price
- Chicago Office Rent Price
- San Antonio Office Rent Price
- New York City Office Rent Price
- Houston Office Rent Price
- Dallas Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Peoria 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.