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.

The Summit

7720 N 16th St, Camelback East, Phoenix, AZ
Property

Office

165,748 SF
Availability

10 Spaces

47,589 SF
For Lease

$32.00/SF/YR
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315 E Carol Avenue

315 E Carol Ave, North Mountain Village, Phoenix, AZ
Property

Multi-Family

1,781 SF
Year Built

1940
For Sale

$405,000
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802 South 23rd Avenue

802 South 23rd Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

30,603 SF
For Sale

$2,500,000
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9116 North Cave Creek Road

9116 North Cave Creek Road, North Mountain Village, Phoenix, AZ
Property

Retail

10,244 SF
Availability

1 Space

1,531 SF
For Lease

$13.25/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
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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9509 North 7th Street

9509 North 7th Street, North Mountain Village, Phoenix, AZ
Property

Retail

2,400 SF
For Sale

$310,000
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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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3549 E Broadway Rd

3549 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

7,892 SF
Availability

2 Spaces

7,892 SF
Year Built

1980
For Lease

$1.15/SF/MO
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6535 West Camelback Road

6535 West Camelback Road, Maryvale, Phoenix, AZ
Property

Office

14,747 SF
Availability

1 Space

7,403 SF
Year Built

1984
For Lease

$22.00/SF/YR
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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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FULLY IMPROVED PAD ON GRAND

2720 W Grand Ave, Alhambra, Phoenix, AZ
Property

Retail

1 SF
For Sale

CALL FOR PRICING
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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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740 East Highland Avenue

740 East Highland Avenue, Camelback East, Phoenix, AZ
Property

Office

16,025 SF
Availability

1 Space

14,108 SF
Year Built

1981
For Lease

$18.00/SF/YR
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1212 West Camelback Road

1212 West Camelback Road, Alhambra, Phoenix, AZ
Property

Office

13,660 SF
For Sale

$4,750,000
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4300 S 38th St

4300 S 38th St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

49,816 SF
Availability

1 Space

3,613 SF
For Lease

$1.40/SF/MO
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3110 E Bell Rd

3110 E Bell Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

61,555 SF
Availability

1 Space

61,555 SF
Year Built

1967
For Lease Contact for pricing
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15410 S Mountain Parkway

15410 S Mountain Parkway, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

18,952 SF
Availability

1 Space

800 SF
For Lease Contact for pricing
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3134 W Lewis Ave

3134 West Lewis Avenue, Maryvale, Phoenix, AZ
Property

Industrial

19,440 SF
Availability Contact for availability
Year Built

1979
For Lease Contact for pricing
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NEC Interstate 17 and Glendale Ave

2428 W Glendale Ave, Alhambra, Phoenix, AZ
Property

VacantLand

1.05 Acre
Year Built

1962
For Sale Contact for pricing
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Encanto Village

2801-2829 N 15th Ave, Encanto Village, Phoenix, AZ
Property

Retail

19,592 SF
Availability

1 Space

1,379 SF
For Lease Contact for pricing
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1701 East McDowell Road

1701 East McDowell Road, Central City, Phoenix, AZ
Property

Retail

3,700 SF
Availability

1 Space

3,700 SF
For Lease

$12.00/SF/YR
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323 East Willetta Street

323 East Willetta Street, Downtown Phoenix, Phoenix, AZ
Property

Other

3,996 SF
Availability

1 Space

3,996 SF
Year Built

1963
For Lease

$19.50/SF/YR
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1st Ave & Jefferson St SEC | Phoenix, AZ

45 W Jefferson St, Downtown Phoenix, Phoenix, AZ
Property

Retail

28,568 SF
Availability

1 Space

3,764 SF
For Lease Contact for pricing
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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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3950 E Indian School Road

3950 E Indian School Road , East Phoenix, Phoenix, AZ
Property

Retail

13,855 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Desert Sky Esplanade

1610 N 75th Ave, Maryvale, Phoenix, AZ
Property

Retail

34,977 SF
Availability

1 Space

34,977 SF
For Lease Contact for pricing
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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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1502 N 29th Ave

1502 N 29th Ave, Maryvale, Phoenix, AZ
Property

Industrial

9,120 SF
Year Built

1980
For Sale

$2,100,000
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2833 E Bell Rd

2833 E Bell Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

8,500 SF
Availability Contact for availability
Year Built

1959
For Lease Contact for pricing
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3416 S 48th St

3416 S 48th St, Central City, Phoenix, AZ
Property

Industrial

22,565 SF
Availability

1 Space

2,331 SF
Year Built

1983
For Lease

$1.50/SF/MO
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4655 South 16th Street

4655 South 16th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

10,000 SF
Availability

1 Space

10,000 SF
For Lease Contact for pricing
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2535 & 2539 East Bell Road

2539 East Bell Road, Paradise Valley Village, Phoenix, AZ
Property

Retail

18,144 SF
Availability

2 Spaces

3,300 SF
Year Built

1981
For Lease Contact for pricing
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2730 E Jones Ave

2730 East Jones Avenue, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

16,620 SF
Availability Contact for availability
Year Built

2000
For Lease Contact for pricing
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W/NWC 7th Ave and Dunlap Ave

712 W. DUNLAP AVE, North Mountain Village, Phoenix, AZ
Property

VacantLand

64,237 SF
For Sale Contact for pricing
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10401 North 32nd Street

10401 North 32nd Street, Paradise Valley Village, Phoenix, AZ
Property

Retail

14,727 SF
Availability

1 Space

4,100 SF
Year Built

1977
For Lease

$10.00/SF/YR
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5070 N 40th Street

5070 N 40th Street, Biltmore, Phoenix, AZ
Property

Office

22,049 SF
Availability

1 Space

1,192 SF
For Lease

$28.00/SF/YR
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4637 east chandler Blvd

4637 east chandler Blvd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

86,584 SF
For Sale

$13,637,688
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PLAZA 59

5825-5897 W. Indian School Road, Maryvale, Phoenix, AZ
Property

Retail

35,128 SF
Availability

3 Spaces

6,198 SF
Year Built

1964
For Lease Contact for pricing
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The Rey

400 North 2nd Avenue, Downtown Phoenix, Phoenix, AZ
Property

Retail

266,945 SF
Availability

3 Spaces

6,014 SF
Year Built

2022
For Lease Contact for pricing
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21620 N 26th Ave #120

21620 N 26th Ave #120, Deer Valley Village, Phoenix, AZ
Property

Industrial

3,696 SF
Availability

1 Space

3,685 SF
For Lease

$21.35/SF/YR
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2222 N 23rd Dr

2222 N 23rd Dr, Encanto Village, Phoenix, AZ
Property

Industrial

19,987 SF
For Sale

$2,400,000/SF
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Metro Square

2860 West Peoria Avenue, North Mountain Village, Phoenix, AZ
Property

Retail

7,916 SF
Availability

2 Spaces

6,929 SF
For Lease Contact for pricing
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723 - 747 Grand Ave

723 - 747 Grand Ave, Central City, Phoenix, AZ
Property

Retail

36,808 SF
For Sale

$9,500,000
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710 S 35th Ave

710 S 35th Ave, Estrella Village, Phoenix, AZ
Property

VacantLand
Availability

1 Space

62,835 SF
For Lease

$8,400.00/SF/MO
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5448 E Washington St

5448 E Washington St, Camelback East, Phoenix, AZ
Property

Industrial

17,225 SF
Availability

1 Space

3,903 SF
For Lease

$1.15/SF/MO
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RETAIL LAND DEVELOPMENT

4402 S 35th Ave, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail
For Sale

CALL FOR PRICING
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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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North Valley Industrial Park

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

Industrial

82,247 SF
Availability

1 Space

66,060 SF
Year Built

2024
For Lease Contact for pricing
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5131 W McDowell Rd

5131 W McDowell Rd, Maryvale, Phoenix, AZ
Property

Retail

7,409 SF
Availability

1 Space

4,032 SF
Year Built

1991
For Lease 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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2401 W Peoria Ave - Desert Canyon 100

2401 W Peoria Ave - Desert Canyon 100, North Mountain Village, Phoenix, AZ
Property

Office

102,606 SF
Availability

3 Spaces

29,625 SF
For Lease

$23.50/SF/YR
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215 E Lexington Ave Phoenix

215 E Lexington Ave, Encanto Village, Phoenix, AZ
Property

Office

1,132 SF
Year Built

1950
For Sale 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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