Chandler Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Chandler is $29.44 per square foot, 1.82% lower compared to the previous year.
  • The market’s vacancy rate stands at 14.21%, lower than the state average of Arizona, which is 15.66%.
  • 160,000 square feet is currently under construction.

2025 Office Space Rent & Sales

  • $29.44 2025 Avg. Asking Rent
  • -1.82% Y-o-Y Avg. Asking Rent Change
  • 14.21% 2025 Office Vacancy Rate
  • $66.5M2025 Total Office Sales
  • $159.71Avg. Sale Price/SF

What is the average asking rent price for office space in Chandler?

Average asking rents for office space here stand at $29.44 per square foot. The local office market recorded an average vacancy rate of 14.21% in 2025, unchanged from 14.21% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $66.5M across 4 sales. These transactions commanded an average sale price per square foot of $159.71.

Chandler, AZ Office Asking Rents by Class

What is the average office rent per square foot by property class in AZ?

  • Avg. Asking Rent Class A & A+$33.55
  • Avg. Asking Rent Class B$24.49
  • Avg. Asking Rent Class C$19.85

For comparison, the average rent for Class A and A+ office space in Arizona was $33.55 per square foot. The state-wide average for Class B space was $24.49 per square foot, and Class C office spaces averaged $19.85 per square foot.

Chandler, AZ Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Chandler was Gilbert at 12.40%. Meanwhile, the highest office vacancy rate in the market was 13.73%, recorded in Chandler.
Submarket Asking Rents Vacancy Rates
Chandler $29.36 13.73%
Gilbert $26.39 12.40%
Data provided by Yardi Research

Explore Top Office Markets in Arizona

2025 Office Sales Volume

  • $159.712025 Avg. Price per SF
  • -8.17%Y-o-Y Avg. PpSF Change
  • $66.5M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Chandler?

Average sale prices for office space in this market recorded a -8.17% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $159.71 per square foot. For comparison, the statewide Arizona average during the same time period stood at $166.50 per square foot, while the national average was $182.48 per square foot.

Chandler, AZ Sale Price per SF Trend

  • Chandler Avg. Sale Price per SF in 2025$159.71
  • Arizona Avg. Sale Price per SF in 2025$166.50

What was the total office sales volume in Chandler in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $66.5M.

  • Chandler, AZ Total Office Sales Volume in 2025 $66.5M
  • Chandler, AZ Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

Office Construction in Chandler, AZ

  • Chandler, AZ Total SF under construction in 2026 160,000

What are the largest recent office completions in Chandler?

The largest recent office completion here is The Office at Chandler Viridian at 249,217 square feet, completed in 2019. The next largest completions are Allred Park Place and One Chandler Corporate Center.

Office building Address SF Completed
Allred Park Place 1375 S Price Road, 85286 151,793 2021
One Chandler Corporate Center 4100 W Chandler Boulevard, 85226 117,394 2020
AZ202 Commerce Park - Bldg. A 1600 S Hamilton St, 85286 65,892 2020
New Square 180 S Arizona Avenue, 85225 51,000 2020
New Square - Building 1 180 South Arizona Avenue, 85225 47,111 2020
The Office at Chandler Viridian 3133 West Frye Road, 85226 249,217 2019
One Chandler Corporate Center - Building 1 350 North McClintock Drive, 85226 117,176 2018
Allred Park Place 1233 S Spectrum Boulevard, 85286 92,450 2015
Allred Park Place - Building 4 1450 South Spectrum Blvd, 85286 100,622 2014
Allred Park Place 1340 S Spectrum Boulevard, 85286 66,637 2013
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.