Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,290 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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Industrial-Flex and Office Space for Lease

1Forty3 Business Park 4820-4926 E McDowell Rd , Camelback East, Phoenix, AZ
Property

Office
Availability

1 Space

5,939 SF
For Lease Contact for pricing
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Fountain Square | Safeway Grocery Anchored Neighborhood Center

610 E Bell Rd., Deer Valley Village, Phoenix, AZ
Property

Retail

116,424 SF
Availability

8 Spaces

15,299 SF
For Lease Contact for pricing
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Crescent Corporate Center

2400 W Dunlap Avenue, North Mountain Village, Phoenix, AZ
Property

Office

108,394 SF
Availability

13 Spaces

64,520 SF
Year Built

1986
For Lease

$17.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Reywest Commerce Center

3935 W Adams Street, Estrella Village, Phoenix, AZ
Property

Industrial

40,794 SF
Availability

1 Space

40,794 SF
Year Built

1979
For Lease

$13.20/SF/YR
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Windsor Court

2601 N 3rd St, Encanto Village, Phoenix, AZ
Property

Office

40,000 SF
Availability

2 Spaces

2,359 SF
For Lease

$20.00/SF/YR
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off 16th executive suites

7600 North 15th Street, Camelback East, Phoenix, AZ
Property

Office

12,000 SF
Availability

5 Spaces

714 SF
Year Built

1987
For Lease

$446.25 - $985.00/MO
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1432 East Northern Avenue

1432 East Northern Avenue, North Mountain Village, Phoenix, AZ
Property

Office

1,680 SF
Year Built

1949
For Sale

Subject To Offer
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Cinema Park Plaza

5555 N 7th St, Camelback East, Phoenix, AZ
Property

Retail

79,316 SF
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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10000 North 31st Avenue

10000 North 31st Avenue, North Mountain Village, Phoenix, AZ
Property

Office

128,180 SF
Availability

13 Spaces

28,895 SF
Year Built

1982
For Lease

$18.00 - $27.00/SF/YR
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725 East Brill Street

725 East Brill Street, Central City, Phoenix, AZ
Property

Retail

11,445 SF
Availability

1 Space

11,444 SF
Year Built

2002
For Lease

$26.21/SF/YR
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52 E Baseline St

52 E Baseline St, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

5,520 SF
Availability

1 Space

5,520 SF
Year Built

1989
For Lease Contact for pricing
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Estrella Health Center

9250 West Thomas Road, Maryvale, Phoenix, AZ
Property

Office

80,814 SF
Availability

1 Space

5,206 SF
Year Built

2008
For Lease

$36.00/SF/YR
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1002 E McDowell Rd

1002 E McDowell Rd, Encanto Village, Phoenix, AZ
Property

Office

1,910 SF
Availability

1 Space

1,910 SF
Year Built

1980
For Lease

$16.00/SF/YR
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Ahwatukee Foothills Towne Center

4735 East Ray Road, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

448,267 SF
Availability

5 Spaces

19,177 SF
Year Built

1996
For Lease Contact for pricing
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2950 W Catalina Dr

2950 W Catalina Dr, Maryvale, Phoenix, AZ
Property

Industrial

47,526 SF
For Sale

$9,250,000
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4131 E Wood St

4131 E Wood St, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

10,930 SF
Availability

1 Space

7,131 SF
Year Built

1979
For Lease

$1.50/SF/MO
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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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PHO - Phoenix Arizona
Premier Workspaces
4742 North 24th Street Suite 300, Phoenix, AZ
Services

Meeting Room
Amenities

24/7 security

Business lounge

Directory listing

EV charging stations

Fax services

High-speed internet

IT support

Kitchen

Lockers

Lounge area
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First Church Land for Sale in Phoenix

1407 N 2nd St, Downtown Phoenix, Phoenix, AZ
Property

Other
For Sale Contact for pricing
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2224-2240 W. Desert Cove Ave.

2224-2240 W. Desert Cove Ave., North Mountain Village, Phoenix, AZ
Property

Industrial

44,792 SF
Availability

1 Space

4,416 SF
Year Built

1977
For Lease

$0.99/SF/MO
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261 E University Dr

261 E University Dr, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

41,906 SF
Year Built

1979
For Sale

$7,500,000
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Motel 6 West Phoenix

1530 North 52nd Drive, Maryvale, Phoenix, AZ
Property

Other

38,402 SF
Year Built

1988
For Sale

Subject To Offer
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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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Commercial Land

4221 S 16th St, South Mountain Highland Terrace, Phoenix, AZ
Property

VacantLand
For Sale

$775,000
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3335 West Greenway Road

3335 West Greenway Road, North Mountain Village, Phoenix, AZ
Property

Retail

61,062 SF
Availability

3 Spaces

8,723 SF
Year Built

1982
For Lease

$10.00 - $12.00/SF/YR
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Palo Verde Medical Center

5251 W Campbell Ave, Maryvale, Phoenix, AZ
Property

Office

19,644 SF
Availability

1 Space

1,202 SF
Year Built

1980
For Lease

$19.00/SF/YR
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15402-15414 N 19th Ave & 1907 W Waltann Ln

15402-15414 North 19th Avenue, Deer Valley Village, Phoenix, AZ
Property

Retail

19,205 SF
Availability

2 Spaces

1,900 SF
Year Built

1976
For Lease

$21.00/SF/YR
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4950 E Elliot Rd

4950 E Elliot Rd, Ahwatukee Foothills, Phoenix, AZ
Property

Office

6,087 SF
Availability

1 Space

2,690 SF
Year Built

1984
For Lease

$18.00/SF/YR
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1601, 1609 E Bell Rd

1601, 1609 E Bell Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

36,392 SF
Availability

1 Space

3,000 SF
Year Built

1987
For Lease

$12.00/SF/YR
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1546 W Bell Rd

1546 W Bell Rd, Deer Valley Village, Phoenix, AZ
Property

Retail

3,798 SF
Year Built

1985
For Sale

$949,500
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1614 W Roosevelt St

1614 W Roosevelt St, Central City, Phoenix, AZ
Property

Office

29,212 SF
Year Built

1958
For Sale

$4,615,000
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4001 E Broadway Rd

4001 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

96,723 SF
Availability

1 Space

885 SF
For Lease

$1.00/SF/MO
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202 East Earll Drive
Bellagio Executive Plaza
202 East Earll Drive, Phoenix, AZ
Services

Virtual Office
Amenities

Break room

Complimentary coffee & tea

High-speed wifi

Parking

Printer

Receptionist/Secretarial services

TV/Monitor

Utilities included

White boards

Window view
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3446 & 3466 South 7th Street

3466 South 7th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

81,396 SF
Availability

1 Space

44,314 SF
Year Built

1988
For Lease

$0.75/SF/MO
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Office Space for Lease in Phoenix

6707 N 19th Ave , Alhambra, Phoenix, AZ
Property

Office
Availability

1 Space

4,507 SF
For Lease Contact for pricing
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1802 W Vogel Avenue

1802 W Vogel Ave, North Mountain Village, Phoenix, AZ
Property

Multi-Family

6,400 SF
Year Built

1936
For Sale

$1,750,000
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501 Gateway

501 North 44th Street, Camelback East, Phoenix, AZ
Property

Office

102,251 SF
Availability

2 Spaces

17,969 SF
Year Built

1998
For Lease

$29.50/SF/YR
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Mountain View Medical Center

10555-10599 N Tatum Boulevard, Paradise Valley Village, Phoenix, AZ
Property

Office

58,991 SF
Availability

5 Spaces

12,254 SF
Year Built

1981
For Lease

$29.50/SF/YR
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Maryvale Terrace Shopping Center

4105 North 51st Avenue, Maryvale, Phoenix, AZ
Property

Retail

117,436 SF
Availability

1 Space

24,344 SF
Year Built

1955
For Lease Contact for pricing
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Phoenix Office Evolution
Office Evolution
4435 East Chandler Boulevard Suite 200, Phoenix, AZ
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

Bike storage

Complimentary coffee & tea

Free water

High-speed wifi

Notary/Legal services

Parking

Printer

Privacy booths

TV/Monitor

White boards
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The Ashby on Osborn

1221-1313 E Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

88,100 SF
Availability

2 Spaces

16,538 SF
Year Built

1987
For Lease

$23.00/SF/YR
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1930 N 22nd Ave

1930 N 22nd Ave, Encanto Village, Phoenix, AZ
Property

Office

21,336 SF
Year Built

1956
For Sale

This property is subject to court approval prior to the sale. Please call brokers for pricing.
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2823 North 36th Avenue

2823 North 36th Avenue, Maryvale, Phoenix, AZ
Property

Industrial

13,800 SF
Availability

3 Spaces

3,480 SF
For Lease Contact for pricing
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Daisy Mountain Dr & Anthem Way

Daisy Mountain Dr & Anthem Way, Anthem, Phoenix, AZ
Property

Retail

5,000 SF
Availability

2 Spaces

4,430 SF
For Lease Contact for pricing
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Village Plaza

12625 North Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Retail

79,578 SF
Availability

1 Space

735 SF
Year Built

1979
For Lease Contact for pricing
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Retail Shop Space for Lease in North Phoenix

Union Hills Village NEC 19th Ave and Union Hills Dr, Deer Valley Village, Phoenix, AZ
Property

Retail
Availability

1 Space

1,680 SF
For Lease Contact for pricing
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2328 W Palm Ln

2328 W Palm Ln, Encanto Village, Phoenix, AZ
Property

Industrial

8,820 SF
Availability

1 Space

8,820 SF
Year Built

1962
For Lease

$1.20/SF/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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DoubleTree Phoenix North

10220 N Metro Pkwy E, Alhambra, Phoenix, AZ
Property

Retail

10 Acre
For Sale

$16,000,000
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4045 South Riverpoint Pkwy

4045 South Riverpoint Pkwy, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

165,851 SF
Availability

6 Spaces

165,851 SF
Year Built

2007
For Lease

$27.00/SF/YR
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35th Ave & Peoria Ave

35th Ave & Peoria Ave, North Mountain Village, Phoenix, AZ
Property

Retail

13,750 SF
Availability

1 Space

13,750 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 30,025,082 square feet of office space across 446 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 17,309,068 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 24,236,730 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 13,300,450 square feet of available listings. Office space available in Phoenix adds up to 9,681,580 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 $14.33 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 79,643 square feet.
Retail properties here incorporate an average of 56,199 square feet.
Industrial space in Phoenix is in buildings that are, on average 67,138 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 29,041,979 square feet. The market offers 387 active office listing(s), which amount to 9,959,940 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 2,963,722 square feet across 289 retail space(s). Industrial space for rent opportunities in Phoenix amount to 13,311,549 square feet across a total of 297 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	387	9,959,940
Retail	289	2,963,722
Industrial	297	13,311,549
Other	35	2,806,768

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 5,592,225 square feet of commercial property for sale here , which includes 57 office building(s) for sale , 59 retail investment opportunity listing(s) , and 81 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	57	1,242,832
Retail	59	1,327,018
Industrial	81	1,621,874
Other	73	1,400,501

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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