Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,292 listings of Phoenix commercial real estate to find the best space for your business.

Union Hills Centre Office Suites

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

Office

21,040 SF
Availability

4 Spaces

1,060 SF
Year Built

2006
For Lease Contact for pricing
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Flex Industrial Building for Lease in Phoenix

3719 E La Salle St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

15,915 SF
Availability

1 Space

15,915 SF
Year Built

1997
For Lease

$1.90/SF/YR
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Downtown Phoenix Retail-Office Space for Lease

Skyline Lofts 600 N 4th St, Downtown Phoenix, Phoenix, AZ
Property

Retail
Availability

1 Space

3,065 SF
For Lease Contact for pricing
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3305 E Greenway Rd

3305 E Greenway Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

15,182 SF
Availability

1 Space

1,000 SF
Year Built

2001
For Lease

$15.00/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
Biltmore Center - 2390 East Camelback Road

2390 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

211,624 SF
Availability

1 Space

20,800 SF
Year Built

1985
For Lease Contact for pricing
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16th St & Baseline Rd

16th St & Baseline Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

33,385 SF
For Sale

Subject To Offer
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Highland Court

1707 E Highland Avenue, Camelback East, Phoenix, AZ
Property

Office

62,515 SF
Availability

1 Space

10,582 SF
Year Built

1984
For Lease

$25.00/SF/YR
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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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Camelback Esplanade III

2415 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

218,254 SF
Availability

6 Spaces

54,844 SF
Year Built

1997
For Lease Contact for pricing
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East Thomas Marketplace

3130 East Thomas Road, Biltmore, Phoenix, AZ
Property

Retail

177,584 SF
Availability

1 Space

1,200 SF
Year Built

1970
For Lease

$12.00/SF/YR
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709 W Southern Ave

709 W Southern Ave, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

2,700 SF
Availability

1 Space

23,086 SF
Year Built

1986
For Lease Contact for pricing
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Rose Lane Plaza

714 E. Rose Lane , Camelback East, Phoenix, AZ
Property

Office

8,500 SF
Year Built

1986
For Sale

$2,300,000
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Bond

3200 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

287,000 SF
Availability

1 Space

22,753 SF
Year Built

1985
For Lease Contact for pricing
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Retail property in Phoenix, AZ

9021 W Camelback Road, Maryvale, Phoenix, AZ
Property

Retail

1,707 SF
Availability

1 Space

1,707 SF
Year Built

2005
For Lease

$17.00/SF/YR
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Squaw Peak Promenade

7000 North 16th Street, Camelback East, Phoenix, AZ
Property

Retail

47,254 SF
Availability

4 Spaces

11,231 SF
Year Built

1993
For Lease Contact for pricing
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4420 N Central Ave

4420 N Central Ave, Encanto Village, Phoenix, AZ
Property

Retail

12,000 SF
Year Built

1951
For Sale

Call for Details
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Desert Ridge Corporate Center I

20860 North Tatum Blvd, Desert View, Phoenix, AZ
Property

Office

137,983 SF
Availability

10 Spaces

57,409 SF
Year Built

2006
For Lease Contact for pricing
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2141 East Camelback Road

2141 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

36,532 SF
Availability

2 Spaces

6,530 SF
Year Built

1974
For Lease Contact for pricing
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School Facility-Medical Office for Sale or Lease in Central Phoenix

3738 N 16th St, Encanto Village, Phoenix, AZ
Property

Other

66,906 SF
Availability

1 Space

66,906 SF
For Lease Contact for pricing
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3721 W Cambridge Ave

3721 West Cambridge Avenue, Maryvale, Phoenix, AZ
Property

Industrial

19,806 SF
Availability

1 Space

1,462 SF
Year Built

1986
For Lease

$1.33/SF/MO
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Westech Business Center II

4710 East Elwood Street, Central City, Phoenix, AZ
Property

Industrial

80,878 SF
Availability

5 Spaces

50,974 SF
Year Built

1997
For Lease

$15.60/SF/YR
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Office Space for Sublease in Phoenix

1622 N Black Cyn Hwy, Maryvale, Phoenix, AZ
Property

Office
Availability

1 Space

2,838 SF
For Lease Contact for pricing
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2650 S 46th St

2650 S 46th St, Central City, Phoenix, AZ
Property

Industrial

12,756 SF
Availability

1 Space

5,081 SF
For Lease

$1.50/SF/MO
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TN | 1109 N 2nd St | Pemberton Lofts

TN | 1109 N 2nd St | Pemberton Lofts, Downtown Phoenix, Phoenix, AZ
Property

VacantLand
Availability

1 Space

54 SF
For Lease

$5.00/SF/YR
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3310 N 19th Avenue

3310 N 19th Avenue, Encanto Village, Phoenix, AZ
Property

Office

28,500 SF
Availability

1 Space

28,500 SF
Year Built

1983
For Lease Contact for pricing
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Ten-0-One At Ro2

1001 N Central Avenue, Downtown Phoenix, Phoenix, AZ
Property

Office

110,009 SF
Availability

4 Spaces

33,178 SF
Year Built

1985
For Lease

$31.00/SF/YR
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23045 North 15th Avenue

23045 North 15th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

48,114 SF
Availability

1 Space

23,885 SF
Year Built

1998
For Lease Contact for pricing
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Move-In Ready Medical and Office Space for Lease in Phoenix

Deer Valley Medical Plaza 2525 W Greenway Rd, North Mountain Village, Phoenix, AZ
Property

Other
Availability

1 Space

1,499 SF
For Lease Contact for pricing
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The Fordham on Missouri Avenue

1430 E Missouri Avenue, Camelback East, Phoenix, AZ
Property

Office

42,452 SF
Availability

4 Spaces

7,696 SF
Year Built

1984
For Lease

$23.00 - $26.00/SF/YR
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Arcadia Biltmore Plaza

4440 North 36th Street, East Phoenix, Phoenix, AZ
Property

Office

25,114 SF
Availability

1 Space

4,731 SF
Year Built

1985
For Lease Contact for pricing
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2425 East Camelback Road
WeWork
2425 East Camelback Road #150, Phoenix, AZ
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Bike storage

Complimentary coffee & tea

Ethernet

EV charging stations

Free water

Game room

High-speed wifi

IT support

Kitchen

Lounge area
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2146 W Sherman St

2146 W Sherman St, Central City, Phoenix, AZ
Property

Industrial

4,200 SF
Availability

1 Space

4,200 SF
Year Built

1980
For Lease

$0.95/SF/MO
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2431 E Van Buren St & 2424 E Monroe St

2431 E Van Buren St & 2424 E Monroe St, Central City, Phoenix, AZ
Property

Retail

14,533 SF
For Sale

$1,149,000
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Windsor Court

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

Office

40,000 SF
Availability

3 Spaces

3,607 SF
For Lease

$20.00/SF/YR
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Pointe Plaza

7315 N 16th St, Camelback East, Phoenix, AZ
Property

Office

1,100 SF
Availability

1 Space

1,100 SF
For Lease

$16.52/SF/MO
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4114 E Wood St

4114 E Wood St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

69,326 SF
Year Built

1971
For Sale

$14,211,830
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9831 S 51st St, Bldg C

9831 S 51st St, Bldg C, Ahwatukee Foothills, Phoenix, AZ
Property

Industrial

41,149 SF
Availability

1 Space

2,186 SF
Year Built

1985
For Lease

$1.50/SF/MO
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Sky Harbor Business Center

2060 S 16th Street, Central City, Phoenix, AZ
Property

Industrial

49,476 SF
Availability

1 Space

16,532 SF
Year Built

2006
For Lease Contact for pricing
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8801 N Central Ave

8801 N Central Ave, North Mountain Village, Phoenix, AZ
Property

Office

7,724 SF
Availability

2 Spaces

5,268 SF
Year Built

1955
For Lease

$20.00/SF/YR
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Turnkey Nursing School for Sublease in Phoenix

4615 E Elwood St, Central City, Phoenix, AZ
Property

Other
Availability

1 Space

19,076 SF
For Lease Contact for pricing
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Two Story Office Building for Sale in Phoenix

19825 N 7th St, Deer Valley Village, Phoenix, AZ
Property

Office

97,372 SF
Year Built

2004
For Sale Contact for pricing
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1928 West Buckeye Road

1928 West Buckeye Road, Central City, Phoenix, AZ
Property

Retail

14,477 SF
For Sale

$3,500,000
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3333 North Central Avenue

3333 North Central Avenue, Encanto Village, Phoenix, AZ
Property

Office

120,414 SF
Availability

1 Space

1,204 SF
Year Built

2003
For Lease Contact for pricing
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640 S 51st Avenue

640 S 51st Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

108,287 SF
Availability

1 Space

108,287 SF
Year Built

1994
For Lease Contact for pricing
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2001 W Cheryl Dr

2001 West Cheryl Drive, North Mountain Village, Phoenix, AZ
Property

Industrial

9,877 SF
Availability

2 Spaces

4,000 SF
Year Built

1972
For Lease

$0.95/SF/MO
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Broadway Business Center

3925 East Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

136,990 SF
Availability

1 Space

15,840 SF
Year Built

1973
For Lease

$11.95/SF/YR
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School Facility-Medical Office for Sale or Lease in Central Phoenix

3738 N 16th St, Encanto Village, Phoenix, AZ
Property

Other

66,906 SF
For Sale Contact for pricing
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3145 East Chandler Blvd

3145 East Chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

18,000 SF
Availability

4 Spaces

7,292 SF
Year Built

2000
For Lease

$16.00 - $17.00/SF/YR
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8828 N. Central Ave.

8828 N. Central Ave., North Mountain Village, Phoenix, AZ
Property

Office

10,944 SF
Availability

2 Spaces

3,124 SF
Year Built

1974
For Lease

$19.00/SF/YR
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Century Link Tower
Regus
20 E. Thomas Road Suite 2200, Phoenix, AZ
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Office Space for Sale in Midtown Phoenix

3033 N Central Ave, Encanto Village, Phoenix, AZ
Property

Office

12,486 SF
For Sale

$2,434,770
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1635 East McDowell Road

1635 East McDowell Road, Central City, Phoenix, AZ
Property

Retail

14,529 SF
For Sale

Subject To Offer
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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 29,919,466 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 16,702,278 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 23,739,695 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 12,791,543 square feet of available listings. Office space available in Phoenix adds up to 9,599,128 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 $22.27 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 $14.58 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 Alhambra 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 $50 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 81,972 square feet.
Retail properties here incorporate an average of 54,405 square feet.
Industrial space in Phoenix is in buildings that are, on average 64,336 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 28,016,149 square feet. The market offers 363 active office listing(s), which amount to 9,605,742 square feet and account for 36% of commercial spaces on the market. Local retail availability includes 2,871,538 square feet across 279 retail space(s). Industrial space for rent opportunities in Phoenix amount to 12,769,883 square feet across a total of 303 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	363	9,605,742
Retail	279	2,871,538
Industrial	303	12,769,883
Other	37	2,768,986

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 5,052,666 square feet of commercial property for sale here , which includes 64 office building(s) for sale , 62 retail investment opportunity listing(s) , and 80 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	64	1,170,763
Retail	62	1,148,656
Industrial	80	1,482,499
Other	78	1,250,748

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

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

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