Phoenix, AZ Commercial Real Estate for Lease - 974 Listings

Deer Valley Medical

204147 North 27th Avenue, Deer Valley Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Office

81,907 SF
Availability

4 Spaces

23,007 SF
Year Built

2008
View Details (opens in new window)
Move-In Ready Office Space for Lease in Phoenix

Ahwatukee 48 15905-15915 S 46th St and 15920-15930 S 48th St , Ahwatukee Foothills, Phoenix, AZ
For Lease

Contact for pricing
Property

Office
Availability

1 Space

3,843 SF
View Details (opens in new window)
4408 N 12th St

4408 N 12th St, Camelback East, Phoenix, AZ
For Lease

$14.00/SF/YR
Property

Office

10,800 SF
Availability

1 Space

1,589 SF
Year Built

1980
View Details (opens in new window)
711 S Central Ave

711 S Central Ave, Central City, Phoenix, AZ
For Lease

$25.00/SF/YR
Property

Retail

5,513 SF
Availability

1 Space

4,558 SF
Year Built

1962
View Details (opens in new window)
Allred 40

4039 E Raymond Street, Central City, Phoenix, AZ
For Lease

$19.00/SF/YR
Property

Office

89,889 SF
Availability

1 Space

15,865 SF
Year Built

2017
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

1 Space

1,500 SF
Year Built

1982
View Details (opens in new window)
Phoenix Plaza I

2901 N Central Avenue, Encanto Village, Phoenix, AZ
For Lease

$34.00/SF/YR
Property

Office

437,070 SF
Availability

11 Spaces

214,688 SF
Year Built

1989
View Details (opens in new window)
1819 East Morten Avenue

1819 East Morten Avenue, Camelback East, Phoenix, AZ
For Lease

$20.00/SF/YR
Property

Office

31,051 SF
Availability

3 Spaces

5,264 SF
Year Built

1989
View Details (opens in new window)
Village Square Center - 4509 & 4511 East Cactus Road

4511 East Cactus Road, Paradise Valley Village, Phoenix, AZ
For Lease

$24.00/SF/YR
Property

Retail

38,813 SF
Availability

1 Space

1,000 SF
Year Built

1979
View Details (opens in new window)
4225 E Windrose Drive

4225 E Windrose Drive, Paradise Valley Village, Phoenix, AZ
For Lease

$23.00/SF/YR
Property

Office

47,724 SF
Availability

1 Space

8,467 SF
Year Built

1985
View Details (opens in new window)
Not finding the right space?

Tell us where and what you're looking for and the brokers will come to you
Anthem Medical Plaza

3648 West Anthem Way, Anthem, AZ
For Lease

Contact for pricing
Property

Office

49,874 SF
Availability

6 Spaces

14,227 SF
Year Built

2003
View Details (opens in new window)
3101 W. Thomas Road

3101 W. Thomas Road, Maryvale, Phoenix, AZ
For Lease

Contact for pricing
Property

Industrial

7,889 SF
Availability

1 Space

1,499 SF
View Details (opens in new window)
Retail Space for Lease in Greenway Plaza in Phoenix

Greenway Plaza SEC Greenway Rd and 19th Ave , North Mountain Village, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail
Availability

1 Space

3,124 SF
View Details (opens in new window)
The Commons on Sixteenth

7600 N 15th Street, Camelback East, Phoenix, AZ
For Lease

$15.00/SF/YR
Property

Office

114,281 SF
Availability

1 Space

4,530 SF
Year Built

1987
View Details (opens in new window)
Clarendon Place

300 W Clarendon Avenue, Encanto Village, Phoenix, AZ
For Lease

$22.50/SF/YR
Property

Office

90,561 SF
Availability

6 Spaces

20,159 SF
Year Built

1984
View Details (opens in new window)
4620 E Elwood St

4620 E Elwood St, Central City, Phoenix, AZ
For Lease

$1.10/SF/MO
Property

Industrial

143,940 SF
Availability

1 Space

1,740 SF
Year Built

1985
View Details (opens in new window)
Mountain View Medical Center

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

$29.50/SF/YR
Property

Office

58,991 SF
Availability

5 Spaces

12,254 SF
Year Built

1981
View Details (opens in new window)
The Department

1 N 1st Street, Downtown Phoenix, Phoenix, AZ
For Lease

$28.50/SF/YR
Property

Office

105,000 SF
Availability

2 Spaces

6,850 SF
Year Built

1984
View Details (opens in new window)
2823 North 36th Avenue

2823 North 36th Avenue, Maryvale, Phoenix, AZ
For Lease

Contact for pricing
Property

Industrial

13,800 SF
Availability

3 Spaces

3,480 SF
View Details (opens in new window)
2601 East Indian School Road

2601 East Indian School Road, Biltmore, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

26,150 SF
Availability

2 Spaces

12,668 SF
Year Built

1968
View Details (opens in new window)
135 East Watkins Street

135 East Watkins Street, South Mountain Highland Terrace, Phoenix, AZ
For Lease

$0.85/SF/MO
Property

Industrial

56,601 SF
Availability

1 Space

56,865 SF
Year Built

1980
View Details (opens in new window)
Palo Verde Medical Center

5251 W Campbell Ave, Maryvale, Phoenix, AZ
For Lease

$19.00/SF/YR
Property

Office

19,644 SF
Availability

1 Space

1,202 SF
Year Built

1980
View Details (opens in new window)
4145-4249 S 37th St

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

$1.15 - $1.20/SF/MO
Property

Industrial

173,487 SF
Availability

3 Spaces

4,800 SF
View Details (opens in new window)
3101-3111 N Central Avenue

3101-3111 N Central Avenue, Encanto Village, Phoenix, AZ
For Lease

$20.68 - $38.88/SF/YR
Property

Office

266,321 SF
Availability

57 Spaces

87,395 SF
Year Built

1980
View Details (opens in new window)
Palm Plaza

141 E. Palm Ln., Encanto Village, Phoenix, AZ
For Lease

$15.00 - $17.50/SF/YR
Property

Office

25,255 SF
Availability

2 Spaces

3,052 SF
Year Built

1980
View Details (opens in new window)
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
View Details (opens in new window)

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 32,712,408 square feet of office space across 436 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 15,481,146 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 20,894,933 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 11,672,809 square feet of available listings. Office space available in Phoenix adds up to 10,448,936 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 $21.82 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 $13.94 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 86,313 square feet.
Retail properties here incorporate an average of 57,126 square feet.
Industrial space in Phoenix is in buildings that are, on average 62,748 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 1,921,788,836 square feet. The market offers 400 active office listing(s), which amount to 10,448,936 square feet and account for 41% of commercial spaces on the market. Local retail availability includes 2,237,866 square feet across 257 retail space(s). Industrial space for rent opportunities in Phoenix amount to 11,672,809 square feet across a total of 276 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	400	10,448,936
Retail	257	2,237,866
Industrial	276	11,672,809
Other	33	1,897,429,225

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 4,583,104 square feet of commercial property for sale here , which includes 39 office building(s) for sale , 52 retail investment opportunity listing(s) , and 77 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	39	963,674
Retail	52	935,782
Industrial	77	1,609,206
Other	69	1,074,442

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 - 974 Listings

Deer Valley Medical

Move-In Ready Office Space for Lease in Phoenix

4408 N 12th St

711 S Central Ave

Allred 40

Biltmore Terrace

Phoenix Plaza I

1819 East Morten Avenue

Village Square Center - 4509 & 4511 East Cactus Road

4225 E Windrose Drive

Anthem Medical Plaza

3101 W. Thomas Road

Retail Space for Lease in Greenway Plaza in Phoenix

The Commons on Sixteenth

Clarendon Place

4620 E Elwood St

Mountain View Medical Center

The Department

2823 North 36th Avenue

2601 East Indian School Road

135 East Watkins Street

Palo Verde Medical Center

4145-4249 S 37th St

3101-3111 N Central Avenue

Palm Plaza

Retail Center for Lease in North Phoenix

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Phoenix, AZ Commercial Real Estate for Lease - 974 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