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.

735 Grand Avenue
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735 Grand Avenue, Phoenix, AZ
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NWC 43rd Avenue & I-10 Freeway

NWC 43rd Avenue & I-10 Freeway, Estrella Village, Phoenix, AZ
Property

VacantLand
Availability

2 Spaces

126,130 SF
For Lease Contact for pricing
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Buckeye Industrial Center

3636 WEST BUCKEYE RD, Estrella Village, Phoenix, AZ
Property

Industrial

24,500 SF
Availability

1 Space

24,500 SF
For Lease

$0.89/SF/MO
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Hard Corner Real Estate Available

1822 W Glendale Ave, Alhambra, Phoenix, AZ
Property

Retail
Year Built

1957
For Sale

CALL FOR PRICING
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Office Coworking Retail Industrial

Office Retail Industrial Land
My Florist Plaza

NEC of McDowell Rd and 7th Ave, Central City, Phoenix, AZ
Property

Office

2,901 SF
Availability

1 Space

2,901 SF
For Lease Contact for pricing
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4545 McKinley Street

4545 McKinley Street, Camelback East, Phoenix, AZ
Property

Office

8,997 SF
For Sale Contact for pricing
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1817 N 3rd St | Suite S100

1817 N 3rd St | Suite S100, Encanto Village, Phoenix, AZ
Property

Office

8,340 SF
Availability

1 Space

1,471 SF
Year Built

1980
For Lease

$17.50/SF/YR
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730 N 52nd St, Ste 104

730 N 52nd St, Ste 104, Camelback East, Phoenix, AZ
Property

Office

20,300 SF
Year Built

2003
For Sale

$565,650
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Shops at the Raven - 3220 E Baseline Rd

3220 E Baseline Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

22,000 SF
Availability

2 Spaces

4,518 SF
For Lease Contact for pricing
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1514 West Sherman Street

1514 West Sherman Street, Central City, Phoenix, AZ
Property

Multi-Family

840 SF
For Sale

$315,000
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4307-4325 W Van Buren St

4307 West Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

53,125 SF
Availability

1 Space

8,125 SF
Year Built

1979
For Lease

$1.15/SF/MO
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2833-2847 E. Jones Ave

2833-2847 E. Jones Ave, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

7,850 SF
For Sale

$2,500,000
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515 West Hatcher Road

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

Office

2,600 SF
Availability

1 Space

1,400 SF
Year Built

1981
For Lease

$16.00/SF/YR
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14804 North Cave Creek Road

14804 North Cave Creek Road, Paradise Valley Village, Phoenix, AZ
Property

Office

25,490 SF
For Sale

$5,098,000
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15601 N 28th Ave

15601 N 28th Ave, Deer Valley Village, Phoenix, AZ
Property

Office

40,620 SF
Year Built

1996
For Sale

Subject To Offer
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Park Algodon

NWC Indian School Rd & Loop 101, Maryvale, Phoenix, AZ
Property

Industrial

122,720 SF
Availability

1 Space

122,720 SF
Year Built

2025
For Lease Contact for pricing
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2511 W Indian School Road

2511 W Indian School Road, Alhambra, Phoenix, AZ
Property

Retail

7,830 SF
Availability

2 Spaces

9,330 SF
For Lease Contact for pricing
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1550 W Alameda Rd

1550 W Alameda Rd, Deer Valley Village, Phoenix, AZ
Property

Industrial

106,400 SF
Availability

1 Space

54,697 SF
For Lease Contact for pricing
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15019 N Cave Creek Rd

15019 North Cave Creek Road, Paradise Valley Village, Phoenix, AZ
Property

Office

22,198 SF
Availability

1 Space

3,600 SF
Year Built

1977
For Lease

$20.00/SF/YR
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4236 N Central Ave

4236 N Central Ave, Encanto Village, Phoenix, AZ
Property

Retail

7,575 SF
Availability

1 Space

1,320 SF
For Lease Contact for pricing
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SWC 107th Avenue & Camelback

SWC 107th Avenue & Camelback Road, Maryvale, Phoenix, AZ
Property

VacantLand

1.38 Acre
Availability

1 Space

1.38 Acre
For Lease Contact for pricing
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3-109 S 57th Dr

3-109 S 57th Dr, Estrella Village, Phoenix, AZ
Property

Industrial

9,328 SF
Availability

1 Space

4,664 SF
For Lease

$1.25/SF/MO
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1530 W Thomas Rd

1530 W Thomas Rd, Encanto Village, Phoenix, AZ
Property

Office

966 SF
Availability

1 Space

966 SF
Year Built

1941
For Lease

$31.00/SF/YR
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North Valley Industrial Park

480 E Pinnacle Peak Road, Deer Valley Village, Phoenix, AZ
Property

Industrial

92,605 SF
Availability

1 Space

92,605 SF
Year Built

2024
For Lease Contact for pricing
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3131 W Lewis Ave

3131 West Lewis Avenue, Maryvale, Phoenix, AZ
Property

Industrial

28,464 SF
Availability

1 Space

3,350 SF
Year Built

1980
For Lease

$0.95/SF/MO
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South Mountain Pavilion - LAND

2040/2050 W Baseline Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

1 SF
For Sale

CALL FOR PRICING
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8341 N 7th St

8341 N 7th St, North Mountain Village, Phoenix, AZ
Property

Retail

8,569 SF
Year Built

1974
For Sale

$1,310,000
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Bell Plaza

1730 W Bell Rd, Deer Valley Village, Phoenix, AZ
Property

Retail

8,320 SF
Availability

4 Spaces

6,600 SF
Year Built

1994
For Lease Contact for pricing
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1802 E Camelback Rd

1802 E Camelback Rd, Biltmore, Phoenix, AZ
Property

Retail

1,638 SF
Availability

1 Space

30,013 SF
Year Built

1987
For Lease Contact for pricing
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3517 E Thomas Rd

3517 E Thomas Rd, Camelback East, Phoenix, AZ
Property

Retail

1,820 SF
Availability

1 Space

1,820 SF
Year Built

1969
For Lease

$25.00/SF/YR
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Tatum Corporate Center

10214 North Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Office

23,623 SF
Availability

1 Space

4,296 SF
Year Built

1986
For Lease

$22.00/SF/YR
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Virginia Grow Site

2902 West Virginia Avenue, Maryvale, Phoenix, AZ
Property

Industrial

12,000 SF
Year Built

1970
For Sale

$2,000,000
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Indian School & 91st Ave

Indian School & 91st Ave, Maryvale, Phoenix, AZ
Property

Retail

37,650 SF
Availability

1 Space

37,650 SF
For Lease Contact for pricing
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Prologis I-17 Logistics Center Phase II

1000 - 1100 E. Hammond Lane, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

272,656 SF
Availability

1 Space

100,683 SF
For Lease Contact for pricing
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2627 North 3rd Street

2627 North 3rd Street, Encanto Village, Phoenix, AZ
Property

Office

19,666 SF
Availability

3 Spaces

1,201 SF
Year Built

1983
For Lease

$475.00 - $1,300.00/MO
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5238 South 31st Place

5238 South 31st Place, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

21,099 SF
Availability

1 Space

6,475 SF
Year Built

1987
For Lease

$1.20/SF/MO
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16402 N. 28th Ave

16402 N 28th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

51 SF
Availability Contact for availability

For Lease Contact for pricing
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NWC 77th Ave & Indian School Rd

NWC 77th Ave & Indian School Rd, Maryvale, Phoenix, AZ
Property

VacantLand
For Sale

$1,689,715
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21041 N Cave Creek Road

21041 N Cave Creek Road, Paradise Valley Village, Phoenix, AZ
Property

Retail

7,000 SF
Availability

1 Space

7,000 SF
For Lease Contact for pricing
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Park Algodon

NWC Indian School Rd & Loop 101, Maryvale, Phoenix, AZ
Property

Industrial

557,760 SF
Availability

1 Space

557,760 SF
Year Built

2025
For Lease Contact for pricing
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Converge Logistics Center

15175 S 50th St, Ahwatukee Foothills, Phoenix, AZ
Property

Industrial

140,941 SF
Availability

1 Space

25,775 SF
Year Built

2023
For Lease Contact for pricing
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3600 S 7th Ave

3600 S 7th Ave, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

8,240 SF
Availability

1 Space

8,240 SF
Year Built

1981
For Lease

$18,500.00/MO
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Glendale Plaza

SWC 43RD AVE & GLENDALE AVE, Alhambra, Phoenix, AZ
Property

Retail

4,235 SF
Availability

1 Space

4,235 SF
For Lease Contact for pricing
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3929 E Anne St

3929 E Anne St, Central City, Phoenix, AZ
Property

Industrial

5,000 SF
Year Built

2002
For Sale

$1,500,000
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4239 N 40th Ave

4239 N 40th Ave, Maryvale, Phoenix, AZ
Property

Industrial

12,992 SF
Year Built

1971
For Sale

$1,750,000
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Ray Phoenix Retail

777 N Central Ave, Downtown Phoenix, Phoenix, AZ
Property

Retail

5,290 SF
Availability

2 Spaces

5,290 SF
For Lease Contact for pricing
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777 E Missouri Avenue

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

Office

41,642 SF
Availability

1 Space

3,334 SF
For Lease

$32.00/SF/YR
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Arcadia 33

3301 E Indian School Rd, East Phoenix, Phoenix, AZ
Property

Retail

5,595 SF
Availability

1 Space
Year Built

2020
For Lease Contact for pricing
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3319 West Catalina Drive

3319 West Catalina Drive, Maryvale, Phoenix, AZ
Property

Industrial

55,634 SF
Availability

1 Space

2,333 SF
Year Built

1980
For Lease

$1.00/SF/MO
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SW OF LOOP 202 RED MOUNTAIN FWY & RECKER ROAD

SW OF LOOP 202 RED MOUNTAIN FWY & RECKER RD, Camelback East, Mesa, AZ
Property

VacantLand

29.1 Acre
For Sale

$10.5/Acre
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14630 N Cave Creek Rd

14630 N Cave Creek Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

4,000 SF
Availability

1 Space

4,000 SF
Year Built

1982
For Lease

$5,500.00/MO
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219 South 24th Street

219 South 24th Street, Central City, Phoenix, AZ
Property

Retail

1,404 SF
Availability

1 Space

1,404 SF
Year Built

1950
For Lease

$3,000.00/SF/MO
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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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