Phoenix, AZ Commercial Real Estate for Lease - 973 Listings

Deer Valley Medical

20414 North 27th Avenue, Deer Valley Village, Phoenix, AZ
Property

Healthcare

81,907 SF
Availability

4 Spaces

23,007 SF
Year Built

2008
For Lease Contact for pricing
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6044 South 16th Street

6044 South 16th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

26,400 SF
Availability

3 Spaces

3,600 SF
Year Built

2000
For Lease Contact for pricing
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Lone Cactus at Spectrum Ridge

21500 North 8th Way, Deer Valley Village, Phoenix, AZ
Property

Industrial

62,400 SF
Availability

1 Space

62,400 SF
Year Built

2020
For Lease

$0.90/SF/MO
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X Phoenix 1

200 W Monroe St, Downtown Phoenix, Phoenix, AZ
Property

Retail

381,236 SF
Availability

2 Spaces

32,998 SF
Year Built

2020
For Lease

$35.00/SF/YR
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Office Space for Lease on Camelback Road

Biltmore Lakes 3020 E Camelback Rd, Biltmore, Phoenix, AZ
Property

Office

81,156 SF
Availability

1 Space

10,028 SF
For Lease Contact for pricing
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Union Hills Centre Office Suites

3240 East Union Hills Drive, Paradise Valley Village, Phoenix, AZ
Property

Office

21,040 SF
Availability

4 Spaces

1,650 SF
Year Built

2006
For Lease Contact for pricing
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5808 South Central Avenue

5808 South Central Avenue, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

5,675 SF
Availability

1 Space

1,213 SF
For Lease Contact for pricing
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40th Street Medical Plaza

16601 N 40th Street, Paradise Valley Village, Phoenix, AZ
Property

Office

41,699 SF
Availability

6 Spaces

11,216 SF
For Lease

$17.00/SF/YR
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Industrial Warehouse for Sale or Lease in Phoenix

37 S 40th Pl, Central City, Phoenix, AZ
Property

Industrial

5,100 SF
Availability

1 Space

5,100 SF
For Lease

$6,500.00/MO
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GC Plaza

3601 West Camelback Road, Alhambra, Phoenix, AZ
Property

Retail

43,943 SF
Availability

5 Spaces

21,300 SF
Year Built

1947
For Lease

$8.00 - $11.00/SF/YR
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Biltmore Talon Center

3333 E Camelback Road, East Phoenix, Phoenix, AZ
Property

Office

96,248 SF
Availability

6 Spaces

33,857 SF
Year Built

1986
For Lease Contact for pricing
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Windsor Court

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

Office

40,000 SF
Availability

2 Spaces

3,416 SF
For Lease

$20.00/SF/YR
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7250 North 16th Street

7250 North 16th Street, Camelback East, Phoenix, AZ
Property

Office

58,000 SF
Availability

3 Spaces

5,964 SF
Year Built

1987
For Lease Contact for pricing
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Palm Court Business Center

2929 N 44th Street, East Phoenix, Phoenix, AZ
Property

Office

55,000 SF
Availability

6 Spaces

10,044 SF
Year Built

1982
For Lease

$18.00/SF/YR
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21837 N 27th Ave

21837 N 27th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

9,000 SF
Availability

1 Space

9,000 SF
Year Built

1986
For Lease

$0.90/SF/MO
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Southbank Commerce Center

3710 E. University Dr., Central City, Phoenix, AZ
Property

Industrial

52,764 SF
Availability

1 Space

10,466 SF
For Lease

$1.45/SF/MO
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North Mountain Medical Plaza

9100 N 2nd St, North Mountain Village, Phoenix, AZ
Property

Office

27,094 SF
Availability

4 Spaces

5,660 SF
Year Built

1994
For Lease Contact for pricing
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Two Gateway

432 N 44th Street, Camelback East, Phoenix, AZ
Property

Office

109,682 SF
Availability

3 Spaces

81,306 SF
Year Built

1985
For Lease

$28.00/SF/YR
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3646 - 3722 E. Chipman Rd.

3646 - 3722 E. Chipman Rd., South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

27,700 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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TN | Ten-O-One

1001 N Central, Downtown Phoenix, Phoenix, AZ
Property

Office

110,009 SF
Availability

6 Spaces

1,350 SF
Year Built

1956
For Lease

$1,000.00 - $2,000.00/MO
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Westside Plaza Shopping Center

4022 North 67th Avenue, Maryvale, Phoenix, AZ
Property

Retail

71,643 SF
Availability

1 Space

21,911 SF
Year Built

1983
For Lease

$8.00 - $12.00/SF/YR
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SU CASA SHOPPING CENTER

5802-5830 W Thomas Road, Maryvale, Phoenix, AZ
Property

Retail

65,352 SF
Availability

2 Spaces

15,800 SF
Year Built

1977
For Lease Contact for pricing
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Shea Corporate Center

3420 E Shea Boulevard , Paradise Valley Village, Phoenix, AZ
Property

Office

49,117 SF
Availability

3 Spaces

5,096 SF
For Lease

$21.50 - $22.50/SF/YR
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180 East Deer Valley Drive

180 East Deer Valley Drive, Deer Valley Village, Phoenix, AZ
Property

Industrial

138,000 SF
Availability

1 Space

17,250 SF
Year Built

2024
For Lease Contact for pricing
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Blackhawk Corporate Center I

20401 North 29th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

138,540 SF
Availability

1 Space

50,000 SF
Year Built

1997
For Lease Contact for pricing
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Arcadia Gateway Center

4222 E Thomas Road, East Phoenix, Phoenix, AZ
Property

Office

89,835 SF
Availability

7 Spaces

36,291 SF
Year Built

1999
For Lease

$26.50/SF/YR
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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 30,840,944 square feet of office space across 435 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 16,049,107 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 21,979,396 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 12,235,891 square feet of available listings. Office space available in Phoenix adds up to 10,037,473 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 $21.15 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 $13.97 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 $42.62 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 83,580 square feet.
Retail properties here incorporate an average of 56,511 square feet.
Industrial space in Phoenix is in buildings that are, on average 65,807 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 179,980,655 square feet. The market offers 395 active office listing(s), which amount to 10,037,473 square feet and account for 40% of commercial spaces on the market. Local retail availability includes 2,281,248 square feet across 271 retail space(s). Industrial space for rent opportunities in Phoenix amount to 12,235,891 square feet across a total of 281 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	395	10,037,473
Retail	271	2,281,248
Industrial	281	12,235,891
Other	37	155,426,043

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 4,378,506 square feet of commercial property for sale here , which includes 40 office building(s) for sale , 52 retail investment opportunity listing(s) , and 72 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	40	927,276
Retail	52	972,347
Industrial	72	1,400,982
Other	69	1,077,901

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 - 973 Listings

Deer Valley Medical

6044 South 16th Street

Lone Cactus at Spectrum Ridge

X Phoenix 1

Office Space for Lease on Camelback Road

Union Hills Centre Office Suites

5808 South Central Avenue

40th Street Medical Plaza

Industrial Warehouse for Sale or Lease in Phoenix

GC Plaza

Biltmore Talon Center

Windsor Court

7250 North 16th Street

Palm Court Business Center

21837 N 27th Ave

Southbank Commerce Center

North Mountain Medical Plaza

Two Gateway

3646 - 3722 E. Chipman Rd.

TN | Ten-O-One

Westside Plaza Shopping Center

SU CASA SHOPPING CENTER

Shea Corporate Center

180 East Deer Valley Drive

Blackhawk Corporate Center I

Arcadia Gateway Center

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 - 973 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