Bell Road Office Park › Guides › Under $1,500 a month

Office space under $1,500 a month in Phoenix

Yes, and here is the honest math. Suite 100B is 726 SF. At $17 per SF that is $12,342 a year, or about $1,029 a month in base rent. NNN operating costs are on top of that, so ask for the current estimate before you budget the final number.

726 SFthe suite that fits this budget

~$1,029/mobase rent, before NNN

$17/SFannual rate, shown openly

922 SFnext size up, ~$1,306 base

Why most listings will not show you this math

Commercial rent is quoted per square foot per year, which is exactly the wrong unit for someone thinking in monthly payments. So here it is worked out: 726 square feet times $17 is $12,342 a year. Divide by twelve and you get about $1,029 a month in base rent.

The part nobody puts in the headline is NNN. That means you also pay your share of property taxes, insurance and common area maintenance. It is a real number and it is not hidden, it is just quoted separately. Ask Robert for the current operating expense estimate and you will have your true monthly cost before you sign anything.

Bell Road Office Park, a renovated single-story office building in north Phoenix

Quick questions

So what is my all-in monthly number?

Base rent of about $1,029 plus your share of operating costs. The operating estimate changes year to year, so get the current figure from Robert rather than a number off a website.

What if I need a bit more room?

Suite 101B is 922 SF, roughly $1,306 a month in base rent at the same rate.

Is $17 per SF a good rate here?

Comparable buildings in this corridor are asking $19.50 to $20.50 per SF.