Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,298 listings of Phoenix commercial real estate to find the best space for your business.

Union Hills Centre Office Suites

3240 East Union Hills Drive, Paradise Valley Village, Phoenix, AZ
Property

Office

21,040 SF
Availability

3 Spaces

1,400 SF
Year Built

2006
For Lease Contact for pricing
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23045 North 15th Avenue

23045 North 15th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

48,114 SF
Availability

1 Space

23,885 SF
Year Built

1998
For Lease Contact for pricing
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1500 E Thomas Road

1500 E Thomas Road, Encanto Village, Phoenix, AZ
Property

Office

47,433 SF
Availability

1 Space

4,190 SF
Year Built

1972
For Lease

$16.00/SF/YR
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3850 East Indian School Road

3850 East Indian School Road, East Phoenix, Phoenix, AZ
Property

Retail

2,428 SF
For Sale

$1,490,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
4014 E Broadway Rd

4014 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

16,294 SF
Availability

1 Space

1,925 SF
Year Built

1980
For Lease

$1.40/SF/MO
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Westech Business Center II

4710 East Elwood Street, Central City, Phoenix, AZ
Property

Industrial

80,878 SF
Availability

5 Spaces

50,974 SF
Year Built

1997
For Lease

$15.60/SF/YR
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The Fordham on Missouri Avenue

1430 E Missouri Avenue, Camelback East, Phoenix, AZ
Property

Office

42,452 SF
Availability

4 Spaces

7,696 SF
Year Built

1984
For Lease

$23.00 - $26.00/SF/YR
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Thirtysix36

3636 N Central Avenue, Encanto Village, Phoenix, AZ
Property

Office

217,249 SF
Availability

12 Spaces

85,426 SF
Year Built

1984
For Lease

$22.50/SF/YR
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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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8805 N 23rd Ave

8805 N 23rd Ave, North Mountain Village, Phoenix, AZ
Property

Office

16,158 SF
Availability

1 Space

3,660 SF
For Lease Contact for pricing
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18444 N 25th Avenue

18444 N 25th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

154,106 SF
Availability

3 Spaces

29,696 SF
Year Built

1981
For Lease

$25.50/SF/YR
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1838 E Jackson St

1838 E Jackson St, Central City, Phoenix, AZ
Property

Industrial

1,800 SF
Availability

1 Space

1,800 SF
Year Built

1936
For Lease

$3,750.00/MO
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Grand Ave Retail

915 Grand Ave, Central City, Phoenix, AZ
Property

Retail

2,476 SF
Availability

1 Space

2,476 SF
Year Built

1956
For Lease

$2,000.00/MO
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SWC 83rd Ave & Virginia Ave

SWC 83rd Ave & Virginia Ave, Maryvale, Phoenix, AZ
Property

VacantLand
For Sale

$0.01
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300 West Osborn Road

300 West Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

53,242 SF
Availability

1 Space

2,530 SF
Year Built

1981
For Lease Contact for pricing
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Desert Valley Medical Plaza

4045 East Bell Road, Paradise Valley Village, Phoenix, AZ
Property

Office

53,625 SF
Availability

4 Spaces

7,209 SF
Year Built

1984
For Lease Contact for pricing
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9211 N 9th Ave Phoenix

9211 N 9th Ave Phoenix, North Mountain Village, Phoenix, AZ
Property

Industrial

16,200 SF
Availability

11 Spaces

9,606 SF
Year Built

1963
For Lease

$1.15 - $1.40/SF/MO
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Buckeye 75

7375 W Buckeye Rd, Estrella Village, Phoenix, AZ
Property

Industrial

459,854 SF
Availability

1 Space

54,065 SF
Year Built

2006
For Lease Contact for pricing
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4650 West Van Buren Street

4650 West Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

76,950 SF
Availability

1 Space

41,750 SF
Year Built

1997
For Lease

$0.75/SF/YR
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10th St & Indian School Rd

10th St & Indian School Rd, East Phoenix, Phoenix, AZ
Property

Office

3,000 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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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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2nd St Washington

2nd St Washington, Downtown Phoenix, Phoenix, AZ
Property

Retail

12,000 SF
Availability

4 Spaces

18,621 SF
For Lease Contact for pricing
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Office and Medical Space for Sale or Lease

Parkwood Professional Plaza 5501 N 19th Ave, Alhambra, Phoenix, AZ
Property

Other

73,532 SF
Availability

1 Space

4,867 SF
Year Built

1985
For Lease Contact for pricing
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Tramonto Marketplace

34630 North North Valley Pkwy, Tramonto, Phoenix, AZ
Property

Retail

192,414 SF
Availability

1 Space

9,576 SF
Year Built

2008
For Lease Contact for pricing
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3230 East Washington Street

3230 East Washington Street, Central City, Phoenix, AZ
Property

Industrial

31,600 SF
Availability

2 Spaces

27,218 SF
Year Built

1963
For Lease

$2,500.00/MO
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Site Development for Trailer Parking

640 S 53rd Ave, Estrella Village, Phoenix, AZ
Property

VacantLand
Availability

1 Space

91,026 SF
For Lease Contact for pricing
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2944 Plaza

2944 N 44th St, East Phoenix, Phoenix, AZ
Property

Office

28,312 SF
Availability

2 Spaces

4,789 SF
Year Built

1999
For Lease

$28.00/SF/YR
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Riverpoint

4150 S Riverpoint Parkway, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

132,318 SF
Availability

2 Spaces

132,318 SF
Year Built

2002
For Lease Contact for pricing
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21630 N 9th Ave

21630 North 9th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

14,001 SF
Availability

1 Space

3,500 SF
Year Built

1987
For Lease

$1.35/SF/MO
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Free Standing Industrial Building for Lease in Phoenix

102 W Maricopa Fwy, Central City, Phoenix, AZ
Property

Industrial

9,363 SF
Availability

2 Spaces

18,726 SF
For Lease Contact for pricing
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SWC 24th St. & Southern Ave.

SWC 24th St. & Southern Ave., South Mountain Highland Terrace, Phoenix, AZ
Property

VacantLand
Availability

2 Spaces

11,000 SF
For Lease Contact for pricing
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Biltmore Medical Mall

2222 East Highland Avenue, Biltmore, Phoenix, AZ
Property

Office

152,600 SF
Availability

1 Space

4,023 SF
Year Built

1998
For Lease Contact for pricing
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JAG Center

1427 N 3rd St, Downtown Phoenix, Phoenix, AZ
Property

Office

13,984 SF
Year Built

1974
For Sale

Subject To Offer
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326 East Coronado Road

326 East Coronado Road, Encanto Village, Phoenix, AZ
Property

Office

21,000 SF
Availability

5 Spaces

8,124 SF
Year Built

1986
For Lease

$21.00/SF/YR
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4035-4075 W. Fairmount Ave.

4035-4075 W. Fairmount Ave., Maryvale, Phoenix, AZ
Property

Industrial

34,400 SF
Availability

1 Space

11,400 SF
Year Built

1982
For Lease

$0.81/SF/MO
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Metroplex Office Complex

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

Office

65,000 SF
Availability

6 Spaces

14,949 SF
Year Built

1985
For Lease

$16.50/SF/YR
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Pinnacle Business Park

1125 West Pinnacle Peak Road, Deer Valley Village, Phoenix, AZ
Property

Industrial

123,544 SF
Availability

2 Spaces

11,662 SF
Year Built

2005
For Lease Contact for pricing
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Union Plaza

18402 North 19th Avenue, Deer Valley Village, Phoenix, AZ
Property

Retail

98,741 SF
Availability

1 Space

2,500 SF
Year Built

1976
For Lease Contact for pricing
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Village Fair North

12869 North Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Retail

207,157 SF
Availability

5 Spaces

31,536 SF
Year Built

1989
For Lease

$24.00/SF/YR
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3770 N 7th St

3770 N 7th St, Encanto Village, Phoenix, AZ
Property

Office

8,000 SF
Availability

1 Space

2,371 SF
Year Built

1989
For Lease

$1,922.00/SF/YR
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East Gateway Centre I

4646 E Van Buren Street, Camelback East, Phoenix, AZ
Property

Office

114,414 SF
Availability

6 Spaces

88,084 SF
Year Built

2002
For Lease

$31.50/SF/YR
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Washington Business Park

5328-5330 E Washington St (Bldg C & D), Camelback East, Phoenix, AZ
Property

Industrial

106,298 SF
Availability

2 Spaces

105,303 SF
Year Built

1985
For Lease Contact for pricing
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The Monroe

111 West Monroe Street, Downtown Phoenix, Phoenix, AZ
Property

Office

261,672 SF
Availability

1 Space

13,561 SF
Year Built

1964
For Lease Contact for pricing
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Office Space for Lease in Phoenix

Dunlap Executive Office Park 2301 W Dunlap Ave, North Mountain Village, Phoenix, AZ
Property

Office
Availability

2 Spaces

3,721 SF
For Lease Contact for pricing
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2621 E. Indian School Road

2621 E. Indian School Road, Biltmore, Phoenix, AZ
Property

Retail

6,334 SF
Availability

1 Space

6,334 SF
Year Built

1968
For Lease Contact for pricing
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10000 North 31st Avenue
Workstyle Flexible Spaces
10000 North 31st Avenue, Phoenix, AZ
Services

Private Office
Amenities

High-speed wifi

Lounge area

Office furniture

Premium coffee
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Christown Spectrum

1703 West Bethany Home Road, Alhambra, Phoenix, AZ
Property

Retail

495,934 SF
Availability

16 Spaces

36,090 SF
Year Built

1961
For Lease Contact for pricing
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Lone Cactus at Spectrum Ridge

21500 North 8th Way, Deer Valley Village, Phoenix, AZ
Property

Industrial

62,400 SF
Availability

1 Space

62,400 SF
Year Built

2020
For Lease

$0.90/SF/MO
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Osborn Medical

3330 North 2nd Street, Encanto Village, Phoenix, AZ
Property

Office

64,085 SF
Availability

8 Spaces

36,212 SF
Year Built

1986
For Lease

$24.50 - $29.50/SF/YR
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Move-In Ready Office Space for Lease in Phoenix

Ahwatukee 48 15905-15915 S 46th St and 15920-15930 S 48th St , Ahwatukee Foothills, Phoenix, AZ
Property

Office
Availability

1 Space

3,843 SF
For Lease Contact for pricing
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46 W Hatcher Rd

46 W Hatcher Rd, North Mountain Village, Phoenix, AZ
Property

Office

1,720 SF
Availability

1 Space

1,720 SF
Year Built

1960
For Lease

$3,500.00/MO
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Turnkey Nursing School for Sublease in Phoenix

4615 E Elwood St, Central City, Phoenix, AZ
Property

Other
Availability

1 Space

19,076 SF
For Lease Contact for pricing
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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 29,849,284 square feet of office space across 447 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 16,539,598 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 24,172,825 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 1,443,095,786 square feet of available listings. Office space available in Phoenix adds up to 9,667,916 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 $22.16 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 $14.38 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 Alhambra 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 $50 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 78,551 square feet.
Retail properties here incorporate an average of 55,132 square feet.
Industrial space in Phoenix is in buildings that are, on average 66,592 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 1,458,283,273 square feet. The market offers 389 active office listing(s), which amount to 9,667,916 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 2,754,497 square feet across 274 retail space(s). Industrial space for rent opportunities in Phoenix amount to 1,443,095,786 square feet across a total of 304 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	389	9,667,916
Retail	274	2,754,497
Industrial	304	1,443,095,786
Other	34	2,765,074

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 5,275,658 square feet of commercial property for sale here , which includes 58 office building(s) for sale , 62 retail investment opportunity listing(s) , and 79 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	58	1,184,106
Retail	62	1,111,509
Industrial	79	1,563,995
Other	81	1,416,048

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 and Sale

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

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