Phoenix, AZ Commercial Real Estate for Lease - 979 Listings

Deer Valley Medical

204147 North 27th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

81,907 SF
Availability

4 Spaces

23,007 SF
Year Built

2008
For Lease Contact for pricing
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Office Space for Lease on Camelback Road

Camelwest Plaza, Alhambra, Phoenix, AZ
Property

Office
Availability

1 Space

12,700 SF
Year Built

1987
For Lease Contact for pricing
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2020 W DEER VALLEY RD

2020 W DEER VALLEY RD, Deer Valley Village, Phoenix, AZ
Property

Office

1,500 SF
Availability

1 Space

1,500 SF
For Lease

$3,200.00/MO
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Biltmore Terrace

2122 East Highland Avenue, Biltmore, Phoenix, AZ
Property

Office

62,188 SF
Availability

1 Space

1,500 SF
Year Built

1982
For Lease Contact for pricing
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3101 W. Thomas Road

3101 W. Thomas Road, Maryvale, Phoenix, AZ
Property

Industrial

7,889 SF
Availability

1 Space

1,499 SF
For Lease Contact for pricing
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Campbell @ 16

4515 N. 16th St., Camelback East, Phoenix, AZ
Property

Retail

23,711 SF
Availability

3 Spaces

2,544 SF
For Lease Contact for pricing
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4435 E Chandler Blvd

4435 E Chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Office

31,936 SF
Availability

2 Spaces

11,162 SF
Year Built

1996
For Lease

$21.95/SF/YR
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4116 E Superior Ave

4116 E Superior Ave, Central City, Phoenix, AZ
Property

Industrial

80,079 SF
Availability

3 Spaces

26,897 SF
For Lease

$1.20/SF/MO
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2820 N 36th St

2820 N 36th St, Camelback East, Phoenix, AZ
Property

Office

1,600 SF
Availability

1 Space

1,600 SF
Year Built

1959
For Lease

$25.00/SF/YR
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Southbank 34

3410 East University Drive, Central City, Phoenix, AZ
Property

Office

74,409 SF
Availability

3 Spaces

14,234 SF
Year Built

1989
For Lease

$25.50/SF/YR
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1600 S Central Ave

1600 S Central Ave, Central City, Phoenix, AZ
Property

Office

17,442 SF
Availability

1 Space

2,350 SF
Year Built

2007
For Lease

$1.90/SF/MO
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3131 Camelback

3131 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

200,670 SF
Availability

1 Space

12,258 SF
Year Built

1998
For Lease

$29.75/SF/YR
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Metroplex Office Complex

3310-3404 W Cheryl Drive, North Mountain Village, Phoenix, AZ
Property

Office

65,000 SF
Availability

7 Spaces

16,926 SF
Year Built

1985
For Lease

$16.50/SF/YR
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1501 E Osborn Rd

1501 E Osborn Rd, Encanto Village, Phoenix, AZ
Property

Office

34,756 SF
Availability

4 Spaces

5,079 SF
Year Built

1972
For Lease

$22.50/SF/YR
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Indian Park Plaza

6601 W Indian School Rd, Maryvale, Phoenix, AZ
Property

Retail

19,850 SF
Availability

1 Space

975 SF
Year Built

1990
For Lease

$19.00/SF/YR
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4720 W Van Buren Street

4720 W Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

135,674 SF
Availability

1 Space

17,105 SF
Year Built

1982
For Lease Contact for pricing
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Concord Place

2999 N 44th Street, East Phoenix, Phoenix, AZ
Property

Office

133,522 SF
Availability

8 Spaces

15,201 SF
Year Built

1989
For Lease

$29.00/SF/YR
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2601 West Dunlap Avenue

2601 West Dunlap Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

25,359 SF
Availability

1 Space

1,200 SF
Year Built

1979
For Lease Contact for pricing
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Class A Office Building for Lease in the Camelback Corridor

3900 Camelback 3900 E Camelback Rd, Biltmore, Phoenix, AZ
Property

Office

177,520 SF
Availability

1 Space

36,004 SF
For Lease Contact for pricing
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Prologis Sky Harbor Center at 7th Street

2626 S 7th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

185,834 SF
Availability

1 Space

49,293 SF
Year Built

1975
For Lease Contact for pricing
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Alta Vista Shopping Center

2744 West Northern Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

50,225 SF
Availability

1 Space

4,260 SF
Year Built

1958
For Lease

$14.00/SF/YR
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2810 S 24th St

2810 S 24th St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

43,907 SF
Availability

2 Spaces

3,616 SF
Year Built

1972
For Lease

$1.35/SF/MO
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Tiger Industrial Center

4929 W Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

74,642 SF
Availability

1 Space

37,422 SF
Year Built

1981
For Lease Contact for pricing
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Plaza Executive Suites at Biltmore
Plaza Executive Suites
2942 N 24th St #114, Phoenix, AZ
Services

Virtual Office

Event Space

Meeting Room

Private Office
Amenities

Catering

Complimentary coffee & tea

High-speed wifi

Parking

Receptionist/Secretarial services
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4408 N 12th St

4408 N 12th St, Camelback East, Phoenix, AZ
Property

Office

10,800 SF
Availability

1 Space

1,589 SF
Year Built

1980
For Lease

$14.00/SF/YR
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6121 W Van Buren St

6121 W Van Buren St, Estrella Village, Phoenix, AZ
Property

Office

99,938 SF
Availability

1 Space

30,000 SF
Year Built

2003
For Lease

$0.86/SF/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Phoenix commercial real estate market incorporates 31,611,270 square feet of office space across 437 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Phoenix, the coworking segment of the commercial real estate market incorporates about 2,840 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Phoenix commercial real estate market includes 15,605,186 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Phoenix market, there is a total of 21,706,442 square feet of industrial property.

The listing inventory in Phoenix incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Phoenix is represented by Industrial space, which accounts for 12,187,724 square feet of available listings. Office space available in Phoenix adds up to 10,133,790 square feet.

Meanwhile, most of the listings of commercial property for sale in Phoenix are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Phoenix is $21.43 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Phoenix can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $26.61 per square foot, industrial space in Phoenix saw average rents of $14.05 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Phoenix, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Phoenix is in the Encanto Village neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Encanto Village area.

Meanwhile, retail space opportunities are most abundant in the Maryvale submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in South Mountain Highland Terrace.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $44 per square foot. In particular, the property type commanding the highest lease rates in Phoenix was Office space.

Conversely, the highest sale price last year was $48,500,000 that is located at 4200 East Camelback Road.

The average size of a commercial property in Phoenix depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Phoenix, the average size of an office property is 84,297 square feet.
Retail properties here incorporate an average of 56,337 square feet.
Industrial space in Phoenix is in buildings that are, on average 63,285 square feet in size.

Phoenix, AZ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Phoenix currently add up to 1,921,788,836 square feet. The market offers 400 active office listing(s), which amount to 10,448,936 square feet and account for 41% of commercial spaces on the market. Local retail availability includes 2,237,866 square feet across 257 retail space(s). Industrial space for rent opportunities in Phoenix amount to 11,672,809 square feet across a total of 276 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	400	10,448,936
Retail	257	2,237,866
Industrial	276	11,672,809
Other	33	1,897,429,225

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Phoenix, AZ. Currently, there is 4,583,104 square feet of commercial property for sale here , which includes 39 office building(s) for sale , 52 retail investment opportunity listing(s) , and 77 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	39	963,674
Retail	52	935,782
Industrial	77	1,609,206
Other	69	1,074,442

Phoenix, AZ Commercial Real Estate Market Overview

Phoenix is a sprawling city in the Sonoran Desert that boasts 320 days of sunshine and exceptional warm-weather activities. Here, the valley is growing out, as well as up, and the downtown is revitalizing. In fact, the entire region is quickly becoming a hub for tech companies that come looking for cheaper space and young talent. But don’t let the heat fool you. The valley offers world-class amenities, entertainment and food, while still maintaining its distinct western and Native American heritage.

Phoenix, AZ Commercial Real Estate for Lease - 979 Listings

Deer Valley Medical

Office Space for Lease on Camelback Road

2020 W DEER VALLEY RD

Biltmore Terrace

3101 W. Thomas Road

Campbell @ 16

4435 E Chandler Blvd

4116 E Superior Ave

2820 N 36th St

Southbank 34

1600 S Central Ave

3131 Camelback

Metroplex Office Complex

1501 E Osborn Rd

Indian Park Plaza

4720 W Van Buren Street

Concord Place

2601 West Dunlap Avenue

Class A Office Building for Lease in the Camelback Corridor

Prologis Sky Harbor Center at 7th Street

Alta Vista Shopping Center

2810 S 24th St

Tiger Industrial Center

Plaza Executive Suites at Biltmore

4408 N 12th St

6121 W Van Buren St

Frequently Asked Questions

Phoenix, AZ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Phoenix, AZ Commercial Real Estate Market Overview

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Phoenix, AZ Commercial Real Estate for Lease - 979 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Phoenix, AZ?

What factors affect the price of commercial real estate in Phoenix, AZ?

What is the average rent for commercial space in Phoenix, AZ?

What are the best areas for commercial real estate in Phoenix, AZ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Phoenix, AZ?

Phoenix, AZ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Phoenix, AZ Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us