Bell Road Office Park › Guides › The $500 question

What does $500 a month get you in Phoenix?

An honest answer: coworking or an executive suite, not your own office. A real private suite starts higher. The smallest here is 726 SF at about $1,029 a month in base rent, plus NNN costs. Here is where the line actually falls.

~$500/mocoworking or a shared desk

~$1,029/mo726 SF private suite, base

$17/SFthe annual rate here

726 SFthe smallest private suite

Where the money actually goes

At the $500 mark in Phoenix you are looking at a coworking membership, a shared desk, or a small executive suite inside somebody else's operation. Those are real options and for a lot of people starting out they are the right one. Low commitment, walk away when you want.

A private suite on a commercial lease is a different product with a different number. The smallest here is 726 square feet, which works out to about $1,029 a month in base rent at $17 per SF, with NNN operating costs on top of that. We would rather you know that now than drive out here and find out in the parking lot.

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

Quick questions

Is there anything here for $500 a month?

No. The smallest suite is 726 SF at about $1,029 a month in base rent before NNN costs. If $500 is the budget, coworking is the honest answer and it is a fine place to start.

What is the cheapest private option here?

Suite 100B, 726 SF, roughly $1,029 a month base at $17 per SF.

Why is commercial rent quoted per square foot?

It is quoted per square foot per year, which is why the numbers look strange next to a monthly budget. Multiply the square feet by the rate and divide by twelve to get base rent.