Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,285 listings of Phoenix commercial real estate to find the best space for your business.

2902 S 40th St

2902 S 40th St, Central City, Phoenix, AZ
Property

Industrial

2,200 SF
Availability

1 Space

2,200 SF
For Lease

$6,600.00/MO
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21620 N 26th Ave #150

21620 N 26th Ave #150, Deer Valley Village, Phoenix, AZ
Property

Industrial

3,422 SF
Availability

1 Space

3,422 SF
For Lease

$21.00/SF/YR
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1745 W Linden St

1745 W Linden St, Central City, Phoenix, AZ
Property

Industrial

17,823 SF
Availability

1 Space

17,823 SF
Year Built

1968
For Lease

$0.85/SF/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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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
Five55 Melrose

555 West Turney Avenue, Encanto Village, Phoenix, AZ
Property

Office

24,211 SF
Availability

1 Space

2,472 SF
Year Built

2020
For Lease

$30.00/SF/YR
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Merit 27 Buckeye - Building B

2675 West Buckeye Road, Estrella Village, Phoenix, AZ
Property

Industrial

65,160 SF
Availability

1 Space

65,160 SF
Year Built

2024
For Lease Contact for pricing
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For Lease

21609 N 12th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

47,173 SF
Availability

2 Spaces

10,000 SF
For Lease

$0.85 - $0.90/SF/MO
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1711 South 47th Avenue

1711 South 47th Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

165,699 SF
Availability

1 Space

82,850 SF
Year Built

2003
For Lease

$0.80/SF/MO
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2211 E Highland Ave

2211 E Highland Ave, Biltmore, Phoenix, AZ
Property

Office

17,532 SF
Availability

1 Space

808 SF
For Lease

$23.75/SF/YR
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24925 North 15th Avenue #B-102

24925 North 15th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

848 SF
Year Built

2023
For Sale

$299,000
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NWC NORTHERN AVE & 23RD AVE

NWC NORTHERN AVE & 23RD AVE, Alhambra, Phoenix, AZ
Property

Retail

4,921 SF
Availability

1 Space

4,921 SF
For Lease Contact for pricing
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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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2302 East Magnolia Street

2302 East Magnolia Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

15,990 SF
Availability

1 Space

1,701 SF
Year Built

1973
For Lease

$0.78/SF/MO
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East of the SEC 20th Street and Broadway Road

East of the SEC 20th Street and Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

2,747 SF
Availability

1 Space

2,747 SF
For Lease Contact for pricing
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3110 E Bell Rd

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

Retail

61,555 SF
Year Built

1967
For Sale

Call For Info
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Lincoln View Plaza

3115 E Lincoln Dr, Biltmore, Phoenix, AZ
Property

Retail

51,468 SF
Availability

4 Spaces

10,821 SF
Year Built

1980
For Lease Contact for pricing
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735 Grand Avenue
CultureHub
735 Grand Avenue, Phoenix, AZ
Services

Virtual Office

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

High-speed internet
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24655 N. 23RD AVE

24655 N. 23RD AVE, Deer Valley Village, Phoenix, AZ
Property

VacantLand

1 Acre
Availability

1 Space

1 Acre
For Lease Contact for pricing
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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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24925 N 15th Avenue #C-106

24925 North 15th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

1,200 SF
Year Built

2023
For Sale

$399,000
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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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SWC North Valley Pkwy & Sonoran Desert Drive

SWC North Valley Pkwy & Sonoran Desert Drive, Sonoran Foothills, Phoenix, AZ
Property

VacantLand

2.42 Acre
Availability

2 Spaces

2.42 Acre
For Lease Contact for pricing
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4021 S. 16th St.

4021 S. 16th St., South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

1,204 SF
For Sale

$1,500,000
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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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1745 W Linden St

1745 W Linden St, Central City, Phoenix, AZ
Property

Industrial

17,823 SF
Year Built

1968
For Sale

Pricing in Sale Details
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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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NWC Deer Valley & Cave Creek

22202 N CAVE CREEK RD, Desert View, Phoenix, AZ
Property

Retail

5,000 SF
Year Built

2003
For Sale Contact for pricing
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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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Van Buren Distribution Center

236 N 48th Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

11,520 SF
Availability

1 Space

11,520 SF
Year Built

1980
For Lease Contact for pricing
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3333 E. Baseline Rd

3333 E. Baseline Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

1,336 SF
Availability

1 Space

1,336 SF
For Lease Contact for pricing
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3315 East Broadway Road

3315 East Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

23,667 SF
Year Built

1977
For Sale Contact for pricing
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2340 W Parkside Lane Ste H-105

2340 W Parkside Lane Ste H-105, Deer Valley Village, Phoenix, AZ
Property

Industrial

3,106 SF
Availability

1 Space

3,106 SF
For Lease

$1.00/SF/MO
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Metro 28

12814 North 28th Drive, North Mountain Village, Phoenix, AZ
Property

Retail

22,621 SF
Availability

1 Space

1,501 SF
Year Built

1972
For Lease

$10.00/SF/YR
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3637 E. Miami Ave.

3637 E. Miami Ave., Central City, Phoenix, AZ
Property

Industrial

44,162 SF
Availability

1 Space

44,162 SF
Year Built

1984
For Lease

$1.50/SF/MO
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2821 W Van Buren St

2821 W Van Buren St, Estrella Village, Phoenix, AZ
Property

Retail

10,000 SF
Availability

1 Space

800 SF
For Lease

$1,350.00/MO
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OZ Business Center of Deer Valley

2453 W Parkside Ln, Deer Valley Village, Phoenix, AZ
Property

Industrial

73,172 SF
Availability

1 Space

10,554 SF
Year Built

2022
For Lease

$1.50/SF/MO
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Innovate48 Industrial Park

4801 East Washington Street, Camelback East, Phoenix, AZ
Property

Industrial

163,096 SF
Availability

1 Space

163,096 SF
Year Built

2025
For Lease Contact for pricing
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SWC of 83rd Avenue and Virginia Avenue

SWC of 83rd Avenue and Virginia Avenue, Maryvale, Phoenix, AZ
Property

VacantLand
For Sale Contact for pricing
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4716 E Ray Rd

4716 E Ray Rd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

3,096 SF
Availability

1 Space

3,096 SF
Year Built

2021
For Lease Contact for pricing
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2315 W Bethany Home Rd

2315 W Bethany Home Rd, Alhambra, Phoenix, AZ
Property

Office

6,293 SF
Availability

1 Space

3,200 SF
Year Built

2009
For Lease Contact for pricing
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3350 W Earll Dr

3350 W Earll Dr, Maryvale, Phoenix, AZ
Property

Industrial

81,904 SF
Year Built

1995
For Sale

$12,285,600
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Freestanding Retail/Office Building

702 E Coronado Rd, Encanto Village, Phoenix, AZ
Property

Office

1,516 SF
Availability

1 Space

1,516 SF
Year Built

1910
For Lease

$3,499.00/MO
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3455 S 36th St

3455 S 36th St, Central City, Phoenix, AZ
Property

Industrial

3,100 SF
Year Built

1973
For Sale

$799,000
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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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3550 W Camelback Rd

3550 W Camelback Rd, Alhambra, Phoenix, AZ
Property

VacantLand

0.78 Acre
Availability

1 Space

0.78 Acre
For Lease Contact for pricing
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Shops at Chauncey Ranch

7111 E Mayo Blvd, Desert View, Phoenix, AZ
Property

Retail

114,000 SF
Availability

1 Space

3,600 SF
For Lease Contact for pricing
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4012 S 3rd Avenue & 313 W Jones Avenue

4012 S 3rd Avenue & 313 W Jones Avenue, South Mountain Highland Terrace, Phoenix, AZ
Property

Multi-Family

8,905 SF
For Sale

$1,420,000
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2954 W Weldon Ave

2954 W Weldon Ave, Alhambra, Phoenix, AZ
Property

Industrial

27,403 SF
Availability

1 Space

3,944 SF
For Lease

$0.55/SF/MO
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5002 S 40th St

5002 S 40th St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

40,000 SF
Availability

3 Spaces

10,012 SF
Year Built

1976
For Lease

$1.15 - $1.35/SF/MO
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Prologis Deer Valley 20

24500 N 20th Drive, Deer Valley Village, Phoenix, AZ
Property

Industrial

77,182 SF
Availability

1 Space

77,182 SF
For Lease Contact for pricing
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717 N 7th Street

717 N 7th Street, Central City, Phoenix, AZ
Property

Retail

11,027 SF
Availability

1 Space

11,027 SF
For Lease Contact for pricing
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Weaver Automotive

4210 N 35th Dr, Alhambra, Phoenix, AZ
Property

Industrial

2,200 SF
Year Built

1987
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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