Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,280 listings of Phoenix commercial real estate to find the best space for your business.

2600 Tower

2600 N Central Avenue, Encanto Village, Phoenix, AZ
Property

Office

323,607 SF
Availability

22 Spaces

82,518 SF
Year Built

1982
For Lease

$24.00 - $26.00/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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5060 North 19th Avenue
Bellagio Executive Plaza
5060 North 19th Avenue, Phoenix, AZ
Services

Virtual Office
Amenities

Break room

High-speed wifi

Mail services

Parking

Printer

Projector

TV/Monitor

Utilities included

White boards

Window view
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Shea Corporate Center

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

Office

49,117 SF
Availability

2 Spaces

3,881 SF
For Lease

$21.50 - $22.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Desert Sky Mall

Desert Sky Mall, Maryvale, Phoenix, AZ
Property

Retail

803,844 SF
Availability

3 Spaces

3,629 SF
Year Built

1980
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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24820 N 16th Ave #120

24820 N 16th Ave #120, Deer Valley Village, Phoenix, AZ
Property

Industrial

18,618 SF
Year Built

2004
For Sale

$1,425,000
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Clarendon Place

300 W Clarendon Avenue, Encanto Village, Phoenix, AZ
Property

Office

90,561 SF
Availability

6 Spaces

20,159 SF
Year Built

1984
For Lease

$22.50/SF/YR
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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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180 West Pinnacle Peak Road

180 West Pinnacle Peak Road, Deer Valley Village, Phoenix, AZ
Property

Industrial

40,345 SF
Availability

1 Space

40,345 SF
For Lease

$1.00/SF/MO
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9001 N 12th St

9001 N 12th St, North Mountain Village, Phoenix, AZ
Property

VacantLand
For Sale

$375,000
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Bell 28

16605 N 28th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

47,722 SF
Availability

2 Spaces

6,144 SF
Year Built

2000
For Lease Contact for pricing
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2806 N 24th St

2806 N 24th St, Camelback East, Phoenix, AZ
Property

Office

13,970 SF
Availability

1 Space

15,300 SF
Year Built

1959
For Lease

$0.87/SF/MO
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3rd & Bell Center

204-230 E. Bell Road, Deer Valley Village, Phoenix, AZ
Property

Retail

95,663 SF
Availability

1 Space

21,137 SF
Year Built

1995
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
Availability

1 Space

974 SF
Year Built

1939
For Lease

$2,800.00/SF/MO
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Medical Space for Lease in Central Phoenix

Central Phoenix Medical Center 3003 N 3rd St, Encanto Village, Phoenix, AZ
Property

Other
Availability

1 Space

91,293 SF
For Lease Contact for pricing
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Paradise Valley
Regus
11811 North Tatum Boulevard Suite 3031, 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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Concord Place

2999 N 44th Street, East Phoenix, Phoenix, AZ
Property

Office

133,522 SF
Availability

6 Spaces

12,156 SF
Year Built

1989
For Lease

$29.00/SF/YR
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1610 E Maryland Ave

1610 E Maryland Ave, Camelback East, Phoenix, AZ
Property

Office

4,308 SF
Availability

1 Space

4,308 SF
Year Built

1955
For Lease

$1.29/SF/MO
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654 W Camelback Rd

654 W Camelback Rd, Alhambra, Phoenix, AZ
Property

VacantLand
For Sale

$375,000
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Madison Square - 250 Seventh

250 North 7th Avenue, Central City, Phoenix, AZ
Property

Office

149,489 SF
Availability

5 Spaces

46,813 SF
Year Built

2007
For Lease

$28.00/SF/YR
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Ahwatukee Plaza

5031 East Elliot Rd., Ahwatukee Foothills, Phoenix, AZ
Property

Retail

72,650 SF
Availability

5 Spaces

9,300 SF
For Lease Contact for pricing
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Exodyne Business Park

8433 N. Black Canyon Highway, North Mountain Village, Phoenix, AZ
Property

Office

28,689 SF
Availability

4 Spaces

8,413 SF
Year Built

1979
For Lease

$14.50 - $750.00/SF/YR
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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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Retail Space for Lease in Phoenix

Portrait at Hance Park 1313 N 2nd St, Downtown Phoenix, Phoenix, AZ
Property

Retail
Availability

1 Space

3,993 SF
For Lease Contact for pricing
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Corporate Center - 10040 & 10050 North 25th Avenue

10050 North 25th Avenue, North Mountain Village, Phoenix, AZ
Property

Office

65,700 SF
Availability

18 Spaces

55,296 SF
Year Built

1979
For Lease

$22.00/SF/YR
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Anchor Centre East

2231 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

136,363 SF
Availability

2 Spaces

9,005 SF
Year Built

1987
For Lease

$35.00 - $39.00/SF/YR
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VIVO BUILDING

4650 East Cotton Center Boulevard, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

33,000 SF
Availability

2 Spaces

4,777 SF
Year Built

2007
For Lease Contact for pricing
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2325 East Camelback Road
Lucid Private Offices
2325 East Camelback Road #400, Phoenix, AZ
Services

Virtual Office

Open Workspace
Amenities

Catering

Complimentary coffee & tea

High-speed wifi

Parking

Receptionist/Secretarial services
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3331-3353 North 19th Avenue

3335 North 19th Avenue, Encanto Village, Phoenix, AZ
Property

Retail

31,702 SF
Availability

1 Space

590 SF
Year Built

1950
For Lease Contact for pricing
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Spaces One Renaissance Tower
Spaces
2 North Central Avenue #1800, 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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Blackhawk Corporate Center II

2902 W Agua Fria Freeway, Deer Valley Village, Phoenix, AZ
Property

Industrial

84,410 SF
Availability

1 Space

10,000 SF
Year Built

1999
For Lease

$18.96/SF/YR
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Valley Fair

3518 West Northern Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

86,236 SF
Availability

1 Space

5,981 SF
Year Built

1967
For Lease

$6.00/SF/YR
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3001 - 3027 N. 35TH AVE & 3440 W CATALINA AVE

3001 - 3027 N. 35TH AVE & 3440 W CATALINA AVE, Maryvale, Phoenix, AZ
Property

Office

24,288 SF
Availability

1 Space

5,300 SF
For Lease Contact for pricing
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Ray Road PAD

W/NWC 46th Place & Ray Rd, Ahwatukee Foothills, Phoenix, AZ
Property

VacantLand
Availability

1 Space

34,848 SF
For Lease Contact for pricing
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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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2434 S 10th Street

2434 S 10th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

82,538 SF
Availability

1 Space

82,538 SF
Year Built

1990
For Lease Contact for pricing
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Marketplace at Central | Walmart Anchored Neighborhood Center

111 E. Dunlap Ave., North Mountain Village, Phoenix, AZ
Property

Retail

111,130 SF
Availability

1 Space

1,270 SF
For Lease Contact for pricing
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3233 E Chandler Blvd

3233 E Chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

24,103 SF
Availability

2 Spaces

3,139 SF
For Lease

$18.00/SF/YR
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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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Fully Furnished Office Space for Lease in Arcadia

40 Palms 4041 E Thomas Rd, Camelback East, Phoenix, AZ
Property

Retail
Availability

1 Space

22,292 SF
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
Availability

1 Space

12,000 SF
Year Built

1951
For Lease

$1.00/SF/YR
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YAM Norterra, LLC

2450 West Happy Valley Road #1142, Riordan Ranch, Phoenix, AZ
Property

Office

348,082 SF
Availability Contact for availability
Year Built

2008
For Lease Contact for pricing
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AZ, Phoenix - Parkside Lane
Regus
1904 West Parkside Lane, 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
View Details (opens in new window)
4310 East McDowell Road

4310 East McDowell Road, Camelback East, Phoenix, AZ
Property

Retail

650 SF
Availability

1 Space

1,250 SF
For Lease

$650.00/SF/YR
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2531, 2545, 2549 E McDowell Rd & 2536, 2540, 2546 E Brill St

2531, 2545, 2549 E McDowell Rd & 2536, 2540, 2546 E Brill St, Central City, Phoenix, AZ
Property

Industrial

9,500 SF
Availability

1 Space

1,460 SF
Year Built

1974
For Lease

$6,000.00/MO
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1002 South 56th Avenue

1002 South 56th Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

118,854 SF
Availability

1 Space

21,383 SF
Year Built

1985
For Lease Contact for pricing
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Northern Business Center

2051 West Northern Avenue, Alhambra, Phoenix, AZ
Property

Office

30,782 SF
Availability

1 Space

15,142 SF
Year Built

1999
For Lease Contact for pricing
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The Monroe

111 West Monroe Street, Downtown Phoenix, Phoenix, AZ
Property

Office

261,672 SF
Availability

1 Space

13,561 SF
Year Built

1964
For Lease Contact for pricing
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4845 W McDowell Rd

4845 W McDowell Rd, Maryvale, Phoenix, AZ
Property

Industrial

79,944 SF
Availability

1 Space

2,710 SF
For Lease

$1.15/SF/MO
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21831 N 27th Ave

21831 N 27th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

9,000 SF
Availability

1 Space

3,375 SF
Year Built

1986
For Lease

$0.90/SF/MO
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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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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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