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754 Commercial Real Estate Listings in Scottsdale, AZ

Scottsdale, AZ Commercial Real Estate

There are currently 781 commercial listings available in Scottsdale, AZ. These listings include 1,045 commercial spaces that encompass a total of 8,163,609 square feet. Available commercial spaces in Scottsdale, AZ range in size from 0 square feet to 212,000 square feet. A total of 328 off-market commercial properties located in Scottsdale, AZ are also available for research.

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Scottsdale, AZ Commercial Real Estate Market Overview

Location Photo

Scottsdale, Ariz., is known for its balanced, diverse economic landscape, with the healthcare, finance, retail, technical services, accommodation services and manufacturing sectors making up the bulk of its economy. Honor Health, CVS Health, Vanguard, the City of Scottsdale and the Scottsdale Unified School district are the city’s top employers. Scottsdale is also the home of the corporate headquarters of Magellan Health, a prominent healthcare organization that just recently made the Fortune 500 list.

The city is also home to one of the busiest single-runway airports in the U.S., which operates corporate flights and general aviation. This has led to the rapid development of the surrounding area known today as the Airpark and turned it into the second-largest employment center in the Phoenix metropolitan area. Most of Scottsdale’s commercial real estate is concentrated in this part of the city, with new developments continuously adding to the existing supply of prime, well-connected commercial properties.

Scottsdale, AZ Commercial Inventory Breakdown

In 2021 the Scottsdale, AZ commercial real estate market totaled 30,314,559 square feet of office spaces, 15,280,157 square feet of office spaces with retail, and 4,048,725 square feet of industrial space.

Office Spaces

Total: 30,314,559 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 8,803,047 SqFt 29.04% of total office
100k to 500k SqFt 20,474,402 SqFt 67.54% of total office
500k to 1M SqFt 1,037,110 SqFt 3.42% of total office
By class:
Class A 16,028,365 SqFt 52.87% of total office
Class B 8,860,415 SqFt 29.23% of total office
Class C 139,106 SqFt 0.46% of total office
Roughly 3.42% of the total office space in Scottsdale, AZ is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 29.04% of the office inventory.

Class A office space holds a 52.87% share of the overall Scottsdale, AZ office market, while Class B office assets make up approximately 29.23%.

Industrial

Total: 4,048,725 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,221,144 SqFt 30.16% of total industrial
100k to 500k SqFt 1,255,026 SqFt 31% of total industrial
> 1M SqFt 1,572,555 SqFt 38.84% of total industrial
By class:
Class A 1,211,535 SqFt 29.92% of total industrial
Class B 2,529,969 SqFt 62.49% of total industrial
There are 1,255,026 square feet of commercial real estate properties between 100k to 500k square feet, representing 31% of the Scottsdale, AZ industrial inventory.

Office Spaces with Retail

Total: 15,280,157 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,682,693 SqFt 24.1% of total office with retail
100k to 500k SqFt 5,766,251 SqFt 37.74% of total office with retail
500k to 1M SqFt 1,169,951 SqFt 7.66% of total office with retail
> 1M SqFt 4,661,262 SqFt 30.51% of total office with retail

Scottsdale, AZ Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total Sqft
Scottsdale, AZ Office 306 6,854,116
Scottsdale, AZ Retail 102 1,009,491
Scottsdale, AZ Industrial 44 289,268
Scottsdale, AZ Other 538 8,285,559
Ofice Icon

306

Office

Industrial Icon

44

Industrial

Retail Icon

102

Retail

Current local active listing encompass 16,438,434 square feet of commercial space for lease in Scottsdale. There are 306 active office listings, which amount to 6,854,116 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 1,009,491 square feet across 102 listings. Current industrial offerings on the market amount to 289,268 square feet across a total of 44.

Employment in Scottsdale, AZ

Employed Population 137,779

Employed population - Industry % Distribution

Management, business, science, and arts occupations

57%

Sales and office occupations

25%

Service occupations

11%

Production, transportation, and material moving occupations

5%

Natural resources, construction, and maintenance occupations

2%

In 2019, roughly 57% of a total of 137,779 employed in Scottsdale worked in Management, business, science, and arts occupations, followed by 25% in Sales and office occupations and 11% in Service occupations.

Income per capita $65,480  Median household income $86,097

Household income

29%

Under $50k

27%

$50k - $100k

25%

$100k - $200k

19%

Over $200k

The median household income in Scottsdale stands at $86,097, with per capita income at $65,480. Households earning between $50k and $100k represent 27% of the total, while those earning over $200k make up 19%. Approximately 29% of Scottsdale households earn less than $50k per year.

Commuting in Scottsdale, AZ

Mean travel time to work 22 minutes

Means of transportation to work

69.90%

Driving alone

6.70%

Carpool

0.40%

Public transit

1.00%

Bicycle

1.90%

Walking

2.20%

Other

17.90%

Work at Home

*Universe: Workers 16 and over

Education in Scottsdale, AZ

High school grad or higher 97%

Bachelor's degree or higher 61%

Population by minimum level of education

3%

No degree

12%

High school

24%

Some College

35%

Bachelor's

25%

Post-grad

*Universe: Workers 25 and over

An estimated 97% of Scottsdale residents aged 25 or over hold a high school degree or higher. Of those, 12% are high school graduates, 24% attended some college, 35% earned a bachelor's degree, with an additional 25% holding post-graduate degrees.

Scottsdale, AZ Demographics

As of 2019, Scottsdale had a total population of 258,064, with a median age of 50.10 years. Roughly 60.90% of the total population was between the ages of 16 and 64 years old.

Market News

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