What are the different types of commercial real estate?

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 Scottsdale commercial real estate market incorporates 30,052,784 square feet of office space across 404 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 Scottsdale, the coworking segment of the commercial real estate market incorporates about 22,575 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 Scottsdale commercial real estate market includes 16,790,540 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 Scottsdale market, there is a total of 5,210,679 square feet of industrial property.

What types of commercial real estate are available in Scottsdale, AZ?

The largest share of commercial real estate space for lease in Scottsdale is represented by Office space , which accounts for 3,537,030 square feet of available listings. Retail space available in Scottsdale adds up to 1,389,000 square feet.

What factors affect the price of commercial real estate in Scottsdale, AZ?

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.

What is the average rent for commercial space in Scottsdale, AZ?

The average rent for commercial real estate space listed for lease in Scottsdale is $28.68 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 Scottsdale 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 $31.98 per square foot, industrial space in Scottsdale saw average rents of $19.35 per square foot.

What are the best areas for commercial real estate in Scottsdale, AZ?

The best choice of location for commercial space depends on the factors that are most relevant to your business. 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 Scottsdale, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Scottsdale is in the West Cactus neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the West Cactus area . Meanwhile, retail space opportunities are most abundant in the West Cactus submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in West Cactus . 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.

How do I find a good commercial real estate broker?

Whether or not 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!

What is the most profitable commercial real estate?

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 $45.88 per square foot. In particular, the property type commanding the highest lease rates in Scottsdale was Office space. Conversely, the highest sale price last year was $53,600,000 that is located at 6263 North Scottsdale Road.

What is the average size of a commercial property in Scottsdale, AZ?

The average size of a commercial property in Scottsdale 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 Scottsdale, the average size of an office property is 79,716 square feet. Retail properties here incorporate an average of 91,253 square feet. Industrial space in Scottsdale is in buildings that are, on average 104,214 square feet in size.

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673 Commercial Real Estate Listings in Scottsdale, AZ

CRE Market Stats

7272 Old Town

7272 East Indian School Road, Downtown Scottsdale, Scottsdale, AZ
For Lease

$32.00 - $41.00/SF/YR
Property

Office

153,253 SF
Availability

5 Spaces

32,399 SF
Year Built

1988
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Raintree Plaza

8340 E Raintree Drive, West Cactus, Scottsdale, AZ
For Lease

$13.20/SF/YR
Property

Industrial

10,902 SF
Availability

1 Space

8,886 SF
Year Built

1985
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Scottsdale Horizon

14696 N Frank Lloyd Wright Blvd , Horizons, Scottsdale, AZ
For Lease

Contact for pricing
Property

Retail

1 SF
Availability

1 Space

3,957 SF
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8541 E Anderson Dr

8541 E Anderson Dr, Grayhawk, Scottsdale, AZ
For Lease

$1.55/SF/MO
Property

Industrial

84,680 SF
Availability

1 Space

9,166 SF
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The Tower at Scottsdale Landing

8660 E Hartford Drive, Grayhawk, Scottsdale, AZ
For Lease

$33.00/SF/YR
Property

Office

87,033 SF
Availability

1 Space

5,105 SF
Year Built

2008
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Paradise Valley Festival

13801 North Tatum Blvd, West Cactus, Phoenix, AZ
For Lease

Contact for pricing
Property

Retail

87,285 SF
Availability

9 Spaces

53,641 SF
Year Built

1987
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2919 N 67th Place

2919 N 67th Place, Monterey, Scottsdale, AZ
For Sale

$695,000
Property

Office

1,697 SF
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Frank Lloyd Wright Rd & Shea Blvd

Frank Lloyd Wright Rd & Shea Blvd, Via Linda Corridor, Scottsdale, AZ
For Sale

$775,000
Property

Retail

30,001 SF
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Ninety Mountain View II

9999 North 90th Street, Via Linda Corridor, Scottsdale, AZ
For Lease

$18.00/SF/YR
Property

Office

92,562 SF
Availability

1 Space

30,858 SF
Year Built

2005
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Office Space for Lease in Scottsdale

7950 E Acoma Dr, West Cactus, Scottsdale, AZ
For Lease

Contact for pricing
Property

Office
Availability

1 Space

922 SF
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Raintree Plaza

8340 E Raintree Drive, West Cactus, Scottsdale, AZ
For Lease

$18.00/SF/YR
Property

Industrial

23,072 SF
Availability

1 Space

3,169 SF
Year Built

1985
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Turnstone Office Park

17797 North Perimeter Drive, Grayhawk, Scottsdale, AZ
For Lease

$26.00/SF/YR
Property

Office

65,472 SF
Availability

2 Spaces

4,637 SF
Year Built

1998
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Office Space for Lease in Scottsdale

Skyport Scottsdale 7600 E Redfield Rd, West Cactus, Scottsdale, AZ
For Lease

Contact for pricing
Property

Office
Availability

1 Space

9,028 SF
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Thompson Peak Medical Plaza

20201 North Scottsdale Healthcare Drive, Grayhawk, Scottsdale, AZ
For Lease

Contact for pricing
Property

Office

47,304 SF
Availability

3 Spaces

9,721 SF
Year Built

1999
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Pima Crossing

8740 E. Shea Boulevard, West Cactus, Scottsdale, AZ
For Lease

Contact for pricing
Property

Retail

245,146 SF
Availability

3 Spaces

5,341 SF
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Desert Fairways | Phase II | Building A

8753 E. Bell Road, West Cactus, Scottsdale, AZ
For Sale

$1,450,000
Property

Office

8,582 SF
Year Built

2004
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Plaza Leyenda

10679 N Frank Lloyd Wright Blvd, Via Linda Corridor, Scottsdale, AZ
For Lease

$26.00/SF/YR
Property

Office

1,664 SF
Availability

1 Space

1,664 SF
Year Built

2007
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Class A Office Space for Lease in Scottsdale

El Dorado Square 6617 N Scottsdale Rd, Monterey, Scottsdale, AZ
For Lease

Contact for pricing
Property

Office
Availability

1 Space

1,155 SF
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Ancala Village

SWC Via Linda and Frank Lloyd Wright Blvd, Via Linda Corridor, Scottsdale, AZ
For Lease

Contact for pricing
Property

Retail

76,200 SF
Availability

10 Spaces

15,449 SF
Year Built

1990
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Ironwood Office Suites

10101 North 92nd Street, Via Linda Corridor, Scottsdale, AZ
For Lease

$27.00/SF/YR
Property

Office

160,196 SF
Availability

1 Space

4,322 SF
Year Built

2003
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Chaparral Business Center V

5301 N Pima Road, Salt River, Scottsdale, AZ
For Lease

Contact for pricing
Property

Office

70,000 SF
Availability

3 Spaces

59,827 SF
Year Built

2005
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Desert Cove Medical Office

9070 E Desert Cove Ave. Suite A-103, Via Linda Corridor, Scottsdale, AZ
For Lease

$26.00/SF/YR
Property

Office

15,018 SF
Availability

1 Space

2,500 SF
Year Built

1997
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Wilshire Plaza

2515-2525 N Scottsdale Rd, Indian Bend, Scottsdale, AZ
For Lease

Contact for pricing
Property

Retail

40,028 SF
Availability

1 Space

1,920 SF
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Bay Colony Executive Center I

8777 E Via De Ventura, McCormick Ranch, Scottsdale, AZ
For Lease

$24.00/SF/YR
Property

Office

54,777 SF
Availability

3 Spaces

7,429 SF
Year Built

1985
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Pinnacle Fertility - Bldgs. J & K

9819-9821 N. 95th St., Via Linda Corridor, Scottsdale, AZ
For Sale

$5,000,000
Property

Office

9,431 SF
Year Built

2005
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Three Scottsdale Landing

8777 E Hartford Drive, Grayhawk, Scottsdale, AZ
For Lease

$31.00/SF/YR
Property

Office

82,829 SF
Availability

2 Spaces

8,304 SF
Year Built

2006
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Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	8,791,280 Sq. Ft.	28.02%
100k to 500k Sq. Ft.	18,397,410 Sq. Ft.	58.64%
500k to 1M Sq. Ft.	1,037,110 Sq. Ft.	3.31%

Class	Total Square Feet	Share of Total Office
Class A	16,023,509 Sq. Ft.	51.08%
Class B	11,174,465 Sq. Ft.	35.62%
Class C	420,093 Sq. Ft.	1.34%

Building Size Range	Total Square Feet	Share of Total Industrial
50k to 100k Sq. Ft.	1,447,262 Sq. Ft.	20%
100k to 500k Sq. Ft.	2,089,266 Sq. Ft.	28.88%
> 1M Sq. Ft.	1,572,555 Sq. Ft.	21.73%

Class	Total Square Feet	Share of Total Industrial
Class A	1,251,950 Sq. Ft.	17.3%
Class B	4,543,269 Sq. Ft.	62.79%
Class C	82,968 Sq. Ft.	1.15%

Building Size Range	Total Square Feet	Share of Total Retail
50k to 100k Sq. Ft.	3,969,929 Sq. Ft.	24.91%
100k to 500k Sq. Ft.	5,715,303 Sq. Ft.	35.86%
500k to 1M Sq. Ft.	1,169,951 Sq. Ft.	7.34%
> 1M Sq. Ft.	3,143,000 Sq. Ft.	19.72%

City	Property Type	Count of Listings	Total SF
Scottsdale, AZ	Office	234	3,537,030
Scottsdale, AZ	Retail	86	1,389,000
Scottsdale, AZ	Industrial	35	237,602
Scottsdale, AZ	Other	356	8,644,569

673 Commercial Real Estate Listings in Scottsdale, AZ

Scottsdale, AZ Commercial Real Estate Market Overview

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Scottsdale, AZ?

What factors affect the price of commercial real estate in Scottsdale, AZ?

What is the average rent for commercial space in Scottsdale, AZ?

What are the best areas for commercial real estate in Scottsdale, 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 Scottsdale, AZ?

Scottsdale, AZ Commercial Real Estate Inventory Breakdown

Total Office Space in Scottsdale: 31,371,164 Sq. Ft.

Total Industrial Space in Scottsdale: 7,235,507 Sq. Ft.

Total Retail Space in Scottsdale: 15,937,842 Sq. Ft.

Scottsdale, AZ Currently Available Listings

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