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
Coworking Spaces in Arizona
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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
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- San Antonio Office Rent Price
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- 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.