About |
Offices |
People |
News |
Contact |
REALTrac™ |
Market Research

Properties
 


Phoenix, Arizona

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Horizon
Last Updated: 22-Oct-2010		 Market Overview
Print This Page
Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) $ 20.00 $ 40.00 $ 30.00 27.0% N/A
Class A (Prime) $ 17.00 $ 40.00 $ 28.50 22.0% N/A
Class B (Secondary) $ 8.00 $ 28.00 $ 18.00 21.0% N/A
 
Suburban Office
New Construction (AAA) $ 26.00 $ 32.00 $ 28.50 75.0% N/A
Class A (Prime) $ 16.00 $ 34.00 $ 25.00 25.0% N/A
Class B (Secondary) $ 7.00 $ 35.00 $ 21.00 22.0% N/A
 
Industrial
Bulk Warehouse $ 2.00 $ 14.00 $ 5.00 46.0% N/A
Manufacturing $ 3.00 $ 16.00 $ 9.50 12.0% N/A
High Tech / R&D $ 5.00 $ 18.00 $ 11.50 18.0% N/A
 
Retail
Downtown $ 8.00 $ 35.00 $ 19.00 15.0% N/A
Neigborhood Service Centers $ 4.00 $ 37.00 $ 14.00 15.0% N/A
Community Power Center $ 10.00 $ 42.00 $ 21.00 11.0% N/A
Regional Malls $ 25.00 $ 40.00 $ 32.50 10.0% N/A

Development Land Low () High ()
Office in CBD $ 958,000 $ 3,700,000
Land in Office Parks $ 65,000 $ 800,000
Land in Industrial Parks $ 21,000 $ 700,000
Office/Industrial Land - Non-park $ 15,000 $ 5,000,000
Retail/Commercial Land $ 40,000 $ 6,600,000
Residential $ 10,000 $ 3,900,000

 

Home | Contact Us | Privacy Policy | Site Admin Build on the power of our network™ 1 609 945 4000
NAI Global® is not affiliated with the Appraisal Institute®, or its MAI designation.