Surprise Office Market Trends

Office Rental Market

  • $26.28 2019 Avg. Asking Rent
  • 10.50 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Surprise was $26.28 per square foot, and the office vacancy rate across the market averaged 10.50 %. During 2019, developers added 0 square feet of new office space to the Surprise 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

  • Surprise Class B Office Buildings$26.28
  • AZ Class A Office Buildings$31.21
  • AZ Class B Office Buildings$22.48
  • AZ Class C Office Buildings$17.99

Surprise, AZ Office Asking Rents by Class

OFFICE CONSTRUCTION IN Surprise, AZ

  • Surprise, AZ Total Sqft completed in 2019 0
  • Surprise, AZ Total Sqft under construction in 2020 0
10 Largest Office Buildings in Surprise
Building name Address Total Sqft Year built
Ancona Professional Plaza 13985 West Grand Avenue, 85374 97,000 2008
Stadium Village 14869 West Bell Road, 85374 88,979 2007
Fields of Surprise 14961 West Bell Road, 85374 78,000 2005
Surprise Office Centre 14239 West Bell Road, 85374 54,735 2005
AZ TechCelerator 12425 West Bell Road, 85374 53,041 1984
Offices at Reems 15515 North Reems Road, 85374 47,779 2007
Surprise Professional Center - 15331 West Bell Road 15331 West Bell Road, 85374 46,345 2008
Grand Professional Plaza 14674 West Mountain View Blvd, 85374 41,000 2007
Surprise Professional Center - 15317 & 15351 West Bell Road 15317 West Bell Road, 85374 38,357 2008
Desert Mirage Medical Plaza 12361 West Bola Drive, 85374 37,791 2008
Largest Office Properties Recently Completed in Surprise
Office building Address Sqft Completed
Marketplace at the City 15800 North Litchfield Road, 85374 26,000 2017
Surprise Medical Plaza 13995 West Statler Blvd, 85374 34,048 2012
Ancona Professional Plaza 13985 West Grand Avenue, 85374 97,000 2008
Surprise Professional Center - 15331 West Bell Road 15331 West Bell Road, 85374 46,345 2008
Surprise Professional Center - 15317 & 15351 West Bell Road 15317 West Bell Road, 85374 38,357 2008
Desert Mirage Medical Plaza 12361 West Bola Drive, 85374 37,791 2008
15331 West Bell Road 15331 West Bell Road, 85374 46,345 2008
Stadium Village 14869 West Bell Road, 85374 88,979 2007
Offices at Reems 15515 North Reems Road, 85374 47,779 2007
Grand Professional Plaza 14674 West Mountain View Blvd, 85374 41,000 2007
Data provided by Commercial Edge

Office Spaces for Rent in Arizona

See trends for nearby markets

The Surprise office market contains an inventory of 835,433 square feet of office space, in 69 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 Surprise 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.