Phoenix, AZ Commercial Real Estate for Lease - 975 Listings

Deer Valley Medical

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

Healthcare

81,907 SF
Availability

4 Spaces

23,007 SF
Year Built

2008
For Lease Contact for pricing
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75th Ave & McDowell Rd

75th Ave & McDowell Rd, Maryvale, Phoenix, AZ
Property

Retail
Availability

1 Space

50,529 SF
For Lease Contact for pricing
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Squaw Peak Center

3031 East Indian School Road, Biltmore, Phoenix, AZ
Property

Retail

41,349 SF
Availability

1 Space

2,497 SF
Year Built

1977
For Lease Contact for pricing
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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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4602 E University Drive, Suite 130

4602 E University Drive, Suite 130, Central City, Phoenix, AZ
Property

Office

32,510 SF
Availability

1 Space

6,784 SF
For Lease

$15.30/SF/YR
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The Cotton Center - 4435 & 4415 East Cotton Center Blvd

4435 East Cotton Center Blvd, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

74,713 SF
Availability

1 Space

37,750 SF
Year Built

2000
For Lease

$15.95/SF/YR
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3245 South 36th Street

3245 South 36th Street, Central City, Phoenix, AZ
Property

Office

1,500 SF
Availability

1 Space

1,500 SF
For Lease

$20.00/SF/YR
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1 W Deer Valley Rd, Bldg 3

1 W Deer Valley Rd, Bldg 3, Deer Valley Village, Phoenix, AZ
Property

Industrial

52,607 SF
Availability

2 Spaces

2,435 SF
For Lease

$1.55/SF/MO
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9830 S 51st St, Bldg A

9830 S 51st St, Bldg A, Ahwatukee Foothills, Phoenix, AZ
Property

Industrial

22,194 SF
Availability

1 Space

1,793 SF
Year Built

1985
For Lease

$18.00/SF/YR
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3233 E Chandler Blvd

3233 E Chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

24,103 SF
Availability

2 Spaces

2,889 SF
For Lease

$18.00/SF/YR
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9150 W Indian School Rd, Bldg 9

9150 W Indian School Rd, Bldg 9, Maryvale, Phoenix, AZ
Property

Office

3,560 SF
Availability

1 Space

3,560 SF
Year Built

2005
For Lease

$21.00/SF/YR
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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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Ledgestone Place

15640 North 7th Street, North Mountain Village, Phoenix, AZ
Property

Office

6,448 SF
Availability

2 Spaces

2,000 SF
Year Built

2003
For Lease

$25.00/SF/YR
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Phoenix Airport Center III & IV

4602 East Hammond Lane, Central City, Phoenix, AZ
Property

Office

85,626 SF
Availability

1 Space

31,178 SF
Year Built

1990
For Lease Contact for pricing
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Spaces One Renaissance Tower
Spaces
2 North Central Avenue #1800, Phoenix, AZ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Hewson/Airport Partners, L.L.C.

4636 East University Drive, Central City, Phoenix, AZ
Property

Office

40,918 SF
Availability

3 Spaces

13,461 SF
For Lease Contact for pricing
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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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135 East Watkins Street

135 East Watkins Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

56,601 SF
Availability

1 Space

56,865 SF
Year Built

1980
For Lease

$0.85/SF/MO
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Secured Trailer Parking

291 East Buckeye Road, Central City, Phoenix, AZ
Property

VacantLand
Availability

1 Space

1 Acre
For Lease

$570.00/MO
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2600 Tower

2600 N Central Avenue, Encanto Village, Phoenix, AZ
Property

Office

323,607 SF
Availability

21 Spaces

84,057 SF
Year Built

1982
For Lease

$24.00/SF/YR
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Cabot Business Center

3922 East University Drive, Central City, Phoenix, AZ
Property

Industrial

109,684 SF
Availability

1 Space

1,418 SF
Year Built

1988
For Lease

$1.15/SF/MO
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5225 South 31st Place

5225 South 31st Place, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

28,918 SF
Availability

1 Space

2,500 SF
Year Built

1988
For Lease Contact for pricing
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Village Square Center - 4509 & 4511 East Cactus Road

4511 East Cactus Road, Paradise Valley Village, Phoenix, AZ
Property

Retail

38,813 SF
Availability

1 Space

1,000 SF
Year Built

1979
For Lease

$24.00/SF/YR
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Seventy5 Business Park

7150 W Roosevelt Street, Estrella Village, Phoenix, AZ
Property

Industrial

60,941 SF
Availability

2 Spaces

17,526 SF
Year Built

2006
For Lease

$13.80/SF/YR
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200 East Van Buren Street

200 East Van Buren Street, Downtown Phoenix, Phoenix, AZ
Property

Flex Space

250,000 SF
Availability

13 Spaces

11,320 SF
Year Built

1995
For Lease

$700.00 - $5,640.00/MO
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4145-4249 S 37th St

4145-4249 S 37th St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

173,487 SF
Availability

5 Spaces

11,200 SF
For Lease

$1.15 - $1.20/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 179,755,860 square feet. The market offers 395 active office listing(s), which amount to 10,133,790 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 2,220,805 square feet across 262 retail space(s). Industrial space for rent opportunities in Phoenix amount to 12,187,724 square feet across a total of 284 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	395	10,133,790
Retail	262	2,220,805
Industrial	284	12,187,724
Other	36	155,213,541

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 4,476,997 square feet of commercial property for sale here , which includes 41 office building(s) for sale , 53 retail investment opportunity listing(s) , and 75 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	41	1,005,817
Retail	53	961,165
Industrial	75	1,543,383
Other	65	966,632

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 - 975 Listings

Deer Valley Medical

75th Ave & McDowell Rd

Squaw Peak Center

2601 West Dunlap Avenue

4602 E University Drive, Suite 130

The Cotton Center - 4435 & 4415 East Cotton Center Blvd

3245 South 36th Street

1 W Deer Valley Rd, Bldg 3

9830 S 51st St, Bldg A

3233 E Chandler Blvd

9150 W Indian School Rd, Bldg 9

1500 E Thomas Road

Ledgestone Place

Phoenix Airport Center III & IV

Spaces One Renaissance Tower

Hewson/Airport Partners, L.L.C.

300 West Osborn Road

135 East Watkins Street

Secured Trailer Parking

2600 Tower

Cabot Business Center

5225 South 31st Place

Village Square Center - 4509 & 4511 East Cactus Road

Seventy5 Business Park

200 East Van Buren Street

4145-4249 S 37th 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 - 975 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