Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 2,451 listings of Phoenix commercial real estate for lease and for sale to find the best space for your business.

CRE Market Stats

Spaces One Renaissance Tower
Spaces
Spaces - Phoenix - One Renaissance Tower 2 N Central Ave, Suite 1800, Phoenix, AZ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Catering

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services

Money-back guarantee
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Esplanade III
Regus
2415 East Camelback Road Suite 700, Phoenix, AZ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services

Money-back guarantee
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Freestanding Medical-Therapy Building for Lease in Phoenix

6306 N 7th St, Camelback East, Phoenix, AZ
For Lease

$24.00/SF/YR
Property

Other

5,968 SF
Availability

1 Space

5,968 SF
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Children's Land Dental

3722 E Thomas Rd, East Phoenix, Phoenix, AZ
For Lease

$17.00/SF/YR
Property

Office

10,747 SF
Availability

1 Space

1,300 SF
Year Built

1954
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North Black Canyon 13430

13430 N Black Canyon Highway, North Mountain Village, Phoenix, AZ
For Lease

$15.00/SF/YR
Property

Office

138,940 SF
Availability

1 Space

20,164 SF
Year Built

1985
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Bell 28 I & II

16610 North Black Canyon Hwy, Deer Valley Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Office

109,932 SF
Availability

1 Space

10,075 SF
Year Built

1999
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Quattro

4350 E Cotton Center Boulevard, South Mountain Highland Terrace, Phoenix, AZ
For Lease

Contact for pricing
Property

Industrial

57,108 SF
Availability

1 Space

57,108 SF
Year Built

2006
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4010 North 3rd Street

4010 North 3rd Street, Encanto Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Industrial

134,856 SF
Availability

5 Spaces

142,270 SF
Year Built

2001
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The Commons at West 10

4645-4655 W McDowell Rd, Maryvale, Phoenix, AZ
For Lease

$1.20/SF/MO
Property

Industrial

131,845 SF
Availability

1 Space

5,932 SF
Year Built

2000
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Arcadia Towne Center

4730-4750 E Indian School Rd, East Phoenix, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

69,503 SF
Availability

2 Spaces

7,100 SF
Year Built

1966
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Ahwatukee Foothills Towne Center

NWC 48th Street & Ray Road, Ahwatukee Foothills, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

66,343 SF
Availability

2 Spaces

5,016 SF
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2201-2219 E. University Dr.

2201-2219 E. University Dr. , South Mountain Highland Terrace, Phoenix, AZ
For Lease

Contact for pricing
Property

Industrial

45,000 SF
Availability

1 Space

4,894 SF
Year Built

1970
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2501 W Behrend Dr

2501 W Behrend Dr, Deer Valley Village, Phoenix, AZ
For Lease

$1.40/SF/MO
Property

Industrial

26,075 SF
Availability

2 Spaces

4,900 SF
Year Built

1981
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Education Facility for Lease in Phoenix

9440 N 25th Ave , North Mountain Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Other

51,391 SF
Availability

1 Space

51,391 SF
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Airport Center

120 North 44th Street, Camelback East, Phoenix, AZ
For Lease

$19.00/SF/YR
Property

Office

45,072 SF
Availability

3 Spaces

7,515 SF
Year Built

1984
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Colony Commerce Park

2135 South 11th Avenue, South Mountain Highland Terrace, Phoenix, AZ
For Lease

$1.26/SF/MO
Property

Industrial

343,683 SF
Availability

1 Space

10,594 SF
Year Built

2006
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Spectrum Ridge

925 East Covey Lane, Deer Valley Village, Phoenix, AZ
For Lease

$10.20/SF/YR
Property

Industrial

134,700 SF
Availability

2 Spaces

24,010 SF
Year Built

2009
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The Ashby on Osborn

1221-1313 E Osborn Road, Encanto Village, Phoenix, AZ
For Lease

$23.00/SF/YR
Property

Office

88,100 SF
Availability

3 Spaces

20,819 SF
Year Built

1987
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Retail Center for Lease in North Phoenix

Bell Towne Ctr - Bell Towne Plaza SWC 7th St and Bell Rd, Deer Valley Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail
Availability

1 Space

4,720 SF
Year Built

1988
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One Renaissance Square

2 N Central Avenue, Downtown Phoenix, Phoenix, AZ
For Lease

Contact for pricing
Property

Office

492,116 SF
Availability

18 Spaces

137,196 SF
Year Built

1987
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Biltmore Plaza Shopping Center

NWC Camelback Rd & 32nd St, Biltmore, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

8,260 SF
Availability

1 Space

900 SF
Year Built

1979
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Valley Commerce Center - 4745 North 7th Street

4745 North 7th Street, Camelback East, Phoenix, AZ
For Lease

$23.50/SF/YR
Property

Office

109,998 SF
Availability

2 Spaces

12,410 SF
Year Built

1985
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Interstate Commons

5750 W Roosevelt Street, Estrella Village, Phoenix, AZ
For Lease

$13.80/SF/YR
Property

Industrial

62,748 SF
Availability

1 Space

12,365 SF
Year Built

2000
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Foothills Park Place

4802 E Ray Rd, Ahwatukee Foothills, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

313,104 SF
Availability

1 Space

4,332 SF
Year Built

1990
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Washington at Sky Harbor
Regus
4600 E. Washington Suite 300, Phoenix, AZ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services

Money-back guarantee
View Details (opens in new window)
Biltmore Terrace

2122 East Highland Avenue, Biltmore, Phoenix, AZ
For Lease

Contact for pricing
Property

Office

62,188 SF
Availability

2 Spaces

3,822 SF
Year Built

1982
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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 77,534,468 square feet of office space across 843 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 33,374 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 41,826,473 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 134,741,491 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 Office space, which accounts for 1,771,136,343 square feet of available listings. Retail space available in Phoenix adds up to 12,243,475 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 $22.19 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 $26.13 per square foot, industrial space in Phoenix saw average rents of $14.31 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 $42.5 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 $66,350,000 that is located at 2801 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 98,896 square feet.
Retail properties here incorporate an average of 67,353 square feet.
Industrial space in Phoenix is in buildings that are, on average 161,949 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 1,797,334,870 square feet. The market offers 405 active office listing(s), which amount to 1,771,136,343 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 12,243,475 square feet across 242 retail space(s). Industrial space for rent opportunities in Phoenix amount to 11,215,893 square feet across a total of 262 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	405	1,771,136,343
Retail	242	12,243,475
Industrial	262	11,215,893
Other	39	2,739,159

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 6,468,675 square feet of commercial property for sale here , which includes 47 office building(s) for sale , 46 retail investment opportunity listing(s) , and 73 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	47	1,412,675
Retail	46	897,219
Industrial	73	1,621,709
Other	83	2,537,072

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

Spaces One Renaissance Tower

Esplanade III

Freestanding Medical-Therapy Building for Lease in Phoenix

Children's Land Dental

North Black Canyon 13430

Bell 28 I & II

Quattro

4010 North 3rd Street

The Commons at West 10

Arcadia Towne Center

Ahwatukee Foothills Towne Center

2201-2219 E. University Dr.

2501 W Behrend Dr

Education Facility for Lease in Phoenix

Airport Center

Colony Commerce Park

Spectrum Ridge

The Ashby on Osborn

Retail Center for Lease in North Phoenix

One Renaissance Square

Biltmore Plaza Shopping Center

Valley Commerce Center - 4745 North 7th Street

Interstate Commons

Foothills Park Place

Washington at Sky Harbor

Biltmore Terrace

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 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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us