Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,289 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

3 Spaces

1,400 SF
Year Built

2006
For Lease Contact for pricing
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Metro Executive Park

10240 N 31st Avenue, North Mountain Village, Phoenix, AZ
Property

Office

37,821 SF
Availability

1 Space

1,326 SF
Year Built

1981
For Lease

$19.00/SF/YR
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16th St Office Building

1444 North 16th Street, Central City, Phoenix, AZ
Property

Office

2,448 SF
Availability

1 Space

2,448 SF
Year Built

1983
For Lease

$4,000.00/MO
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Fountain Square | Safeway Grocery Anchored Neighborhood Center

610 E Bell Rd., Deer Valley Village, Phoenix, AZ
Property

Retail

116,424 SF
Availability

8 Spaces

15,299 SF
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
407 West Osborn Road

407 West Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

6,727 SF
For Sale

$2,354,000
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Abrazo Arizona Heart Institute - 1910 East Thomas Road

1910 East Thomas Road, Encanto Village, Phoenix, AZ
Property

Office

31,981 SF
Availability

1 Space

6,209 SF
Year Built

2006
For Lease Contact for pricing
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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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Moon Valley Towne Center - 707, 731 & 735 East Bell Road

735 East Bell Road, Deer Valley Village, Phoenix, AZ
Property

Retail

49,025 SF
Availability

1 Space

2,400 SF
Year Built

1985
For Lease Contact for pricing
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Camel 19 Office Park

5062 N 19th Ave, Alhambra, Phoenix, AZ
Property

Office

12,546 SF
Year Built

1976
For Sale

$2,200,000
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3414 S 48th St

3414 S 48th St, Central City, Phoenix, AZ
Property

Industrial

22,565 SF
Availability

1 Space

7,155 SF
Year Built

1983
For Lease

$1.50/SF/MO
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Freestanding Retail Building for Lease in Phoenix

10225 N Metro Pkwy E, North Mountain Village, Phoenix, AZ
Property

Retail

7,050 SF
Availability

1 Space

7,050 SF
For Lease

$11.06/SF/YR
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1502 West Hatcher Road

1502 West Hatcher Road, North Mountain Village, Phoenix, AZ
Property

Industrial

26,000 SF
Availability

8 Spaces

23,469 SF
Year Built

1987
For Lease

$1.20 - $16.80/SF/YR
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333 N 7th Ave

333 N 7th Ave, Downtown Phoenix, Phoenix, AZ
Property

VacantLand

42,250 SF
For Sale

$9,200,000
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AZ, Phoenix - N 7th St
HQ
19820 North 7th Street, Phoenix, AZ
Services

Virtual Office

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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Deer Valley Medical Towers

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

Office

81,907 SF
Availability

4 Spaces

10,649 SF
Year Built

2008
For Lease

$24.00/SF/YR
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Private office with Dedicated Desk at 19th/Deer Valley!

22849 N 19th Ave #105, Deer Valley Village, Phoenix, AZ
Property

Office

15,379 SF
Availability

1 Space

130 SF
Year Built

2007
For Lease

$500.00/MO
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Desert Ridge Corporate Center II

20830 North Tatum Blvd, Desert View, Phoenix, AZ
Property

Office

137,225 SF
Availability

10 Spaces

60,771 SF
Year Built

2007
For Lease Contact for pricing
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Reywest Commerce Center

3865 W Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

164,055 SF
Availability

1 Space

164,055 SF
Year Built

1980
For Lease Contact for pricing
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Pinnacle Peak - Phase I

23910 N 19th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

302,254 SF
Availability

1 Space

18,874 SF
Year Built

2001
For Lease Contact for pricing
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John C. Lincoln Medical Office Plaza I

9225 N 3rd Street, North Mountain Village, Phoenix, AZ
Property

Office

29,319 SF
Availability

5 Spaces

8,122 SF
Year Built

1980
For Lease Contact for pricing
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2823 North 36th Avenue

2823 North 36th Avenue, Maryvale, Phoenix, AZ
Property

Industrial

13,800 SF
Availability

3 Spaces

3,480 SF
For Lease Contact for pricing
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17 North Corporate Center - 24000 North Farmers Way

24000 North Farmers Way, Deer Valley Village, Phoenix, AZ
Property

Office

313,446 SF
Availability

3 Spaces

150,000 SF
Year Built

2017
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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10443 N Cave Creek Rd

10443 N Cave Creek Rd, North Mountain Village, Phoenix, AZ
Property

Office

18,724 SF
Availability

2 Spaces

1,297 SF
For Lease

$10.00/SF/YR
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Plaza @ Mountainside

4005 East Chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

131,621 SF
Availability

3 Spaces

2,882 SF
Year Built

1989
For Lease Contact for pricing
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4346 W Indian School Rd

4346 W Indian School Rd, Maryvale, Phoenix, AZ
Property

Retail

2,411 SF
For Sale

$325,000
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610 S 56th Avenue

610 S 56th Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

58,045 SF
Availability

1 Space

58,045 SF
Year Built

1987
For Lease Contact for pricing
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AZ, Phoenix - E Camelback Rd
HQ
2701 East Camelback Road Suite 150, Phoenix, AZ
Services

Virtual Office

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
View Details (opens in new window)
Deer Valley Financial Center

22601 North 19th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

128,467 SF
Availability

1 Space

2,690 SF
Year Built

2001
For Lease

$26.00/SF/YR
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Village Fair North

12869 North Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Retail

207,157 SF
Availability

5 Spaces

31,536 SF
Year Built

1989
For Lease

$24.00/SF/YR
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BLACK CANYON BUSINESS PARK

8102 - 8152 N 23RD AVE, 8155 N 24TH AVE, 2311 - 2338 W ROYAL PALM, North Mountain Village, Phoenix, AZ
Property

Office

189,199 SF
Availability

5 Spaces

9,851 SF
For Lease

$1.10/SF/MO
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1 W Deer Valley Rd, Bldg 2

1 W Deer Valley Rd, Bldg 2, Deer Valley Village, Phoenix, AZ
Property

Office

52,607 SF
Availability

2 Spaces

3,819 SF
For Lease

$18.00 - $20.00/SF/YR
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16th St & Baseline Rd

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

Retail

33,385 SF
Availability

1 Space

33,385 SF
For Lease Contact for pricing
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Dunlap Plaza

SWC 35th Ave & Dunlap Ave, North Mountain Village, Phoenix, AZ
Property

Retail

30,892 SF
Availability

1 Space

1,650 SF
For Lease Contact for pricing
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Cotton Corporate Center Office

4645 East Cotton Center Blvd, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

116,858 SF
Availability

4 Spaces

54,345 SF
Year Built

2001
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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Martin Van Buren - 301-402 N 37th Dr & 3740 W Van Buren St

Martin Van Buren - 301-402 North 37th Drive & 3740 West Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

112,977 SF
Availability

2 Spaces

22,414 SF
Year Built

1985
For Lease

$1.15/SF/MO
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Medical Office Building for Lease in Phoenix

2942 N 7th Ave, Encanto Village, Phoenix, AZ
Property

Other
Availability

1 Space

2,413 SF
For Lease Contact for pricing
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11002 N. 23rd Ave.

11002 N. 23rd Ave., North Mountain Village, Phoenix, AZ
Property

Industrial

29,100 SF
Availability

1 Space

12,220 SF
For Lease Contact for pricing
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Hohokam 10 Business Center #6

4440 East Elwood Street, Central City, Phoenix, AZ
Property

Industrial

157,626 SF
Availability

1 Space

38,264 SF
Year Built

1995
For Lease Contact for pricing
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Thirtysix36

3636 N Central Avenue, Encanto Village, Phoenix, AZ
Property

Office

217,249 SF
Availability

12 Spaces

85,426 SF
Year Built

1984
For Lease

$22.50/SF/YR
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1724 W Desert Cove Ave

1724 W Desert Cove Ave, North Mountain Village, Phoenix, AZ
Property

VacantLand
For Sale

$500,000
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Thomas Plaza

2701 E Thomas Rd, Camelback East, Phoenix, AZ
Property

Office

16,460 SF
Availability

2 Spaces

2,368 SF
Year Built

1975
For Lease

$25.00/SF/YR
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2323 E. Magnolia St.

2323 E. Magnolia St., South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

42,255 SF
Availability

2 Spaces

2,640 SF
Year Built

1974
For Lease Contact for pricing
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200 EVB

200 East Van Buren Street, Downtown Phoenix, Phoenix, AZ
Property

Office

250,000 SF
Availability

3 Spaces

21,971 SF
Year Built

1995
For Lease Contact for pricing
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Kino Plaza

13832 North 32nd Street, Paradise Valley Village, Phoenix, AZ
Property

Retail

65,347 SF
Availability

3 Spaces

12,419 SF
Year Built

1965
For Lease

$16.00/SF/YR
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2833 East Broadway Road

2833 East Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

VacantLand
Availability

1 Space

27,119 SF
For Lease Contact for pricing
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Biltmore Medical Mall

2222 East Highland Avenue, Biltmore, Phoenix, AZ
Property

Office

152,600 SF
Availability

2 Spaces

6,007 SF
Year Built

1998
For Lease Contact for pricing
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The Marbella

2915 West Bell Road, Deer Valley Village, Phoenix, AZ
Property

Retail

32,387 SF
Availability

4 Spaces

5,323 SF
Year Built

1984
For Lease Contact for pricing
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Freestanding Office Building Midtown Phoenix

1626 N 7th St, Encanto Village, Phoenix, AZ
Property

Office

974 SF
Year Built

1939
For Sale

$410,000
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WINSOR RANCH

6801-6823 N 35th Ave, Alhambra, Phoenix, AZ
Property

Retail

144,116 SF
Availability

3 Spaces

6,805 SF
Year Built

1988
For Lease Contact for pricing
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3829 N 3rd St

3829 N 3rd St, Encanto Village, Phoenix, AZ
Property

Industrial

8,786 SF
Year Built

1972
For Sale

$2,020,000
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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 1,458,283,273 square feet. The market offers 389 active office listing(s), which amount to 9,667,916 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 2,754,497 square feet across 274 retail space(s). Industrial space for rent opportunities in Phoenix amount to 1,443,095,786 square feet across a total of 304 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	389	9,667,916
Retail	274	2,754,497
Industrial	304	1,443,095,786
Other	34	2,765,074

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 5,275,658 square feet of commercial property for sale here , which includes 58 office building(s) for sale , 62 retail investment opportunity listing(s) , and 79 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	58	1,184,106
Retail	62	1,111,509
Industrial	79	1,563,995
Other	81	1,416,048

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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