Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,281 listings of Phoenix commercial real estate to find the best space for your business.

Foothills Center

3930 E. Ray Rd., Ahwatukee Foothills, Phoenix, AZ
Property

Office

41,084 SF
Availability

1 Space

1,567 SF
Year Built

1998
For Lease

$23.00/SF/YR
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112 N Central Novel Coworking LLC
Expansive
112 North Central Avenue, Phoenix, AZ
Services

Meeting Room
Amenities

Vending machine
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2714 E Mohawk Ln

2714 E Mohawk Ln, Paradise Valley Village, Phoenix, AZ
Property

VacantLand
For Sale

Call For Info
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Hewson/Central, L.L.C.

102 W. Watkins Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

75,140 SF
Availability Contact for availability

For Lease Contact for pricing
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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Black Canyon Center

10835 N 25th Avenue, North Mountain Village, Phoenix, AZ
Property

Office

94,203 SF
Availability

6 Spaces

55,117 SF
Year Built

2003
For Lease Contact for pricing
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Econo Lodge & Rodeway Phoenix Arizona

2735 W Sweetwater Ave, North Mountain Village, Phoenix, AZ
Property

Retail
For Sale

$7,500,000
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Foothill Shopping Center

5829 South Central Avenue, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

78,113 SF
Availability

2 Spaces

5,200 SF
Year Built

1964
For Lease Contact for pricing
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NNEC I-17 & Peoria

NNEC I-17 & Peoria, North Mountain Village, Phoenix, AZ
Property

VacantLand
For Sale

$725,000
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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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Butler Plaza

8385 N 7th Street, North Mountain Village, Phoenix, AZ
Property

Retail

8,311 SF
Availability

3 Spaces

6,000 SF
Year Built

1964
For Lease

$18.00/SF/YR
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AZ, Phoenix- S 16th St
HQ
6044 South 16th 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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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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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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106 E. Buchanan St.

106 E. Buchanan St., Downtown Phoenix, Phoenix, AZ
Property

Office

3,250 SF
Availability

1 Space

3,250 SF
For Lease

$26.00/SF/YR
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4207-4248 S 36th Pl

4207-4248 S 36th Pl, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

173,487 SF
Availability

5 Spaces

9,200 SF
For Lease

$1.15 - $1.25/SF/MO
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Christown Spectrum

1703 West Bethany Home Road, Alhambra, Phoenix, AZ
Property

Retail

495,934 SF
Availability

16 Spaces

36,090 SF
Year Built

1961
For Lease Contact for pricing
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Office Space for Lease in Phoenix

6707 N 19th Ave , Alhambra, Phoenix, AZ
Property

Office
Availability

1 Space

4,507 SF
For Lease Contact for pricing
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722 East Osborn Road

722 East Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

28,888 SF
Availability

2 Spaces

7,664 SF
Year Built

1984
For Lease

$21.00/SF/YR
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Bell Canyon Pavilions

2730 West Bell Road, Deer Valley Village, Phoenix, AZ
Property

Retail

308,405 SF
Availability

26 Spaces

119,545 SF
Year Built

1990
For Lease

$12.00/SF/YR
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Plaza Executive Suites at Deer Valley
Plaza Executive Suites
18444 N 25th Ave #420, Phoenix, AZ
Services

Virtual Office

Event Space

Meeting Room

Private Office
Amenities

Catering

Complimentary coffee & tea

High-speed wifi

Parking

Receptionist/Secretarial services
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3535-3557 West Dunlap Avenue

3549 West Dunlap Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

90,640 SF
Availability

1 Space

950 SF
Year Built

1976
For Lease Contact for pricing
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Industrial-Flex Space for Sale or Lease in Phoenix

1011 N 21st Ave, Central City, Phoenix, AZ
Property

Industrial

9,400 SF
For Sale Contact for pricing
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Tramonto Marketplace

34630 North North Valley Pkwy, Tramonto, Phoenix, AZ
Property

Retail

192,414 SF
Availability

1 Space

9,576 SF
Year Built

2008
For Lease Contact for pricing
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1808 South 1st Avenue

1808 South 1st Avenue, Central City, Phoenix, AZ
Property

Industrial

6,465 SF
For Sale

$1,300,000
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2944 Plaza

2944 N 44th St, East Phoenix, Phoenix, AZ
Property

Office

28,312 SF
Availability

3 Spaces

8,436 SF
Year Built

1999
For Lease

$28.00/SF/YR
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Estrella Medical Plaza II

9321 W Thomas Road, Maryvale, Phoenix, AZ
Property

Office

60,000 SF
Availability

1 Space

1,990 SF
Year Built

2019
For Lease

$31.00/SF/YR
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2828 N Central Novel Coworking LLC
Expansive
2828 North Central Avenue, Phoenix, AZ
Services

Meeting Room
Amenities

Parking

Vending machine
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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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2555 W Louise Dr

2555 W Louise Dr, Deer Valley Village, Phoenix, AZ
Property

Land

201,176 SF
For Sale Contact for pricing
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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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Camelhead Business Center

2600 North 44th Street, Camelback East, Phoenix, AZ
Property

Office

37,914 SF
Availability

1 Space

21,642 SF
Year Built

1980
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

4 Spaces

7,088 SF
Year Built

1987
For Lease Contact for pricing
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Palo Verde Medical Center

5251 W Campbell Ave, Maryvale, Phoenix, AZ
Property

Office

19,644 SF
Availability

1 Space

1,202 SF
Year Built

1980
For Lease

$19.00/SF/YR
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24th at Camelback

2325 E Camelback Road, Biltmore, Phoenix, AZ
Property

Office

307,101 SF
Availability

7 Spaces

58,690 SF
Year Built

2010
For Lease

$48.00/SF/YR
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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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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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North Loop 101 Business Center

19820 N 7th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

88,057 SF
Availability

2 Spaces

74,703 SF
Year Built

2006
For Lease Contact for pricing
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71 ROOSEVELT PARK

1045 N 71st Ave - Building 3, Estrella Village, Phoenix, AZ
Property

Industrial

33,150 SF
Year Built

2007
For Sale

$6,928,350
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4022 E Broadway Rd

4022 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

16,294 SF
Availability

5 Spaces

3,613 SF
Year Built

1980
For Lease

$18.00/SF/YR
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Lincoln Commerce Park II

2115 S 11th Avenue, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

126,500 SF
Availability

1 Space

23,000 SF
Year Built

2006
For Lease Contact for pricing
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Office Space for Lease in Phoenix

The Beadle 336, Encanto Village, Phoenix, AZ
Property

Office
Availability

1 Space

1,667 SF
For Lease Contact for pricing
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475 East Buckeye Road

475 East Buckeye Road, Central City, Phoenix, AZ
Property

Industrial

170,632 SF
Availability

1 Space

64,240 SF
Year Built

2016
For Lease

$1.15/SF/MO
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1820 W Northern Ave

1820 W Northern Ave, North Mountain Village, Phoenix, AZ
Property

Office

19,494 SF
Availability

1 Space

1,865 SF
Year Built

1960
For Lease

$12.00/SF/YR
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One Arizona Center

400 E Van Buren Street, Downtown Phoenix, Phoenix, AZ
Property

Office

329,602 SF
Availability

16 Spaces

218,691 SF
Year Built

1990
For Lease Contact for pricing
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Move in Ready Office Space for Lease in Phoenix

The Lawrence Building 515 E Grant St, Central City, Phoenix, AZ
Property

Office
Availability

1 Space

3,309 SF
For Lease Contact for pricing
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200 EVB
Pivot 200EVB
200 East Van Buren Street, Phoenix, AZ
Services

Virtual Office

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

24/7 security

A/V equipment

Accessible

Break room

Cleaning services

Comfortable chairs

Complimentary coffee & tea

Elevator

Ergonomic furniture

Fitness center
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35th Avenue & Peoria

3514 West Peoria Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

75,524 SF
Availability

2 Spaces

34,920 SF
Year Built

1970
For Lease Contact for pricing
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3131 Camelback

3131 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

198,567 SF
Availability

11 Spaces

51,190 SF
Year Built

1998
For Lease

$47.00/SF/YR
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1305 N 27th Ave

1305 N 27th Ave, Maryvale, Phoenix, AZ
Property

Industrial

27,348 SF
Availability

1 Space

37,348 SF
Year Built

1977
For Lease

$30,000.00/MO
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2202 South 7th Street

2202 South 7th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

216,550 SF
Availability

1 Space

6,371 SF
Year Built

1980
For Lease Contact for pricing
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Industrial Building for Sublease in Phoenix

2017 N 23rd Ave, Encanto Village, Phoenix, AZ
Property

Industrial

21,000 SF
Availability

1 Space

21,000 SF
For Lease Contact for pricing
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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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