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1,424 Commercial Real Estate Listings in Mesa, AZ

Mesa, AZ Commercial Real Estate

There are currently 1,431 commercial listings available in Mesa, AZ. These listings include 718 commercial spaces that encompass a total of 7,947,664 square feet. Available commercial spaces in Mesa, AZ range in size from 0 square feet to 696,960 square feet. A total of 1,091 off-market commercial properties located in Mesa, AZ are also available for research.

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Mesa, AZ Commercial Real Estate Market Overview

Location Photo

Mesa, Ariz. is the state’s third-largest city and a major contributor to the Valley of the Sun’s ever-growing tech sector. Mesa benefits from the region’s tech boom as much as it does from other industries that are central to the city’s economy, including transportation and logistics, manufacturing, and the well-developed aerospace sector. 

In Mesa, several classes of commercial real estate are in high demand. For example, industrial real estate consistently has low vacancy rates, especially in competitive areas like the Fiesta District with its industry clusters. World-class tenants like Apple and Lyft have also bet on the region’s tech sector by moving into local business districts, such as the Mesa downtown area or the Falcon District — a high-tech hub that’s anchored by Falcon Field Airport and has a high concentration of aerospace, defense, advanced manufacturing and tech companies.

Mesa, AZ Commercial Inventory Breakdown

In 2022 the Mesa, AZ commercial real estate market totaled 10,476,459 square feet of office spaces, 17,313,078 square feet of office spaces with retail, and 46,796,323 square feet of industrial space.

Office Spaces

Total: 10,476,459 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 4,843,732 SqFt 46.23% of total office
100k to 500k SqFt 5,632,727 SqFt 53.77% of total office
By class:
Class A 1,825,271 SqFt 17.42% of total office
Class B 3,992,891 SqFt 38.11% of total office
Class C 261,177 SqFt 2.49% of total office


Class A office space holds a 17.42% share of the overall Mesa, AZ office market, while Class B office assets make up approximately 38.11%.

Industrial

Total: 46,796,323 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 6,633,117 SqFt 14.17% of total industrial
100k to 500k SqFt 21,588,324 SqFt 46.13% of total industrial
500k to 1M SqFt 5,559,774 SqFt 11.88% of total industrial
> 1M SqFt 13,015,108 SqFt 27.81% of total industrial
By class:
Class A 11,890,990 SqFt 25.41% of total industrial
Class B 4,067,353 SqFt 8.69% of total industrial
Class C 299,825 SqFt 0.64% of total industrial
There are 21,588,324 square feet of commercial real estate properties between 100k to 500k square feet, representing 46.13% of the Mesa, AZ industrial inventory. Class A assets total 11,890,990 square feet of industrial space, with an additional 4,067,353 square feet of Class B and 299,825 square feet of Class C properties.

Office Spaces with Retail

Total: 17,313,078 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 6,355,105 SqFt 36.71% of total office with retail
100k to 500k SqFt 8,993,603 SqFt 51.95% of total office with retail
500k to 1M SqFt 857,708 SqFt 4.95% of total office with retail
> 1M SqFt 1,106,662 SqFt 6.39% of total office with retail

Mesa, AZ Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Mesa, AZ Office 111 1,291,368
Mesa, AZ Retail 159 3,204,771
Mesa, AZ Industrial 41 2,661,167
Mesa, AZ Other 359 7,606,547
Ofice Icon

111

Office

Industrial Icon

41

Industrial

Retail Icon

159

Retail

Current local active listing encompass 14,763,853 square feet of commercial space for lease in Mesa. There are 111 active office listings, which amount to 1,291,368 square feet and account for 16% of commercial spaces on the market. Local retail availability includes 3,204,771 square feet across 159 listings. Current industrial offerings on the market amount to 2,661,167 square feet across a total of 41.

Employment in Mesa, AZ

Employed Population 252,190

Employed population - Industry % Distribution

Management, business, science, and arts occupations

38%

Sales and office occupations

23%

Service occupations

19%

Production, transportation, and material moving occupations

11%

Natural resources, construction, and maintenance occupations

9%

In 2020, roughly 38% of a total of 252,190 employed in Mesa worked in Management, business, science, and arts occupations, followed by 23% in Sales and office occupations and 19% in Service occupations.

Income per capita $32,448  Median household income $63,836

Household income

36%

Under $50k

35%

$50k - $100k

22%

$100k - $200k

6%

Over $200k

The median household income in Mesa stands at $63,836, with per capita income at $32,448. Households earning between $50k and $100k represent 35% of the total, while those earning over $200k make up 6%. Approximately 36% of Mesa households earn less than $50k per year.

Commuting in Mesa, AZ

Mean travel time to work 27 minutes

Means of transportation to work

75.50%

Driving alone

11.60%

Carpool

1.50%

Public transit

0.80%

Bicycle

1.30%

Walking

1.40%

Other

8.00%

Work at Home

*Universe: Workers 16 and over

Education in Mesa, AZ

High school grad or higher 90%

Bachelor's degree or higher 29%

Population by minimum level of education

10%

No degree

23%

High school

38%

Some College

20%

Bachelor's

10%

Post-grad

*Universe: Workers 25 and over

An estimated 90% of Mesa residents aged 25 or over hold a high school degree or higher. Of those, 23% are high school graduates, 38% attended some college, 20% earned a bachelor's degree, with an additional 10% holding post-graduate degrees.

Mesa, AZ Demographics

As of 2020, Mesa had a total population of 517,981, with a median age of 35.90 years. Roughly 62.30% of the total population was between the ages of 16 and 64 years old.