Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,283 listings of Phoenix commercial real estate to find the best space for your business.

4201 N 24th St

4201 N 24th St, Biltmore, Phoenix, AZ
Property

Office

68,710 SF
Availability

1 Space

2,077 SF
For Lease

$29.95/SF/YR
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Professional Office with Introductory Rate

1534 W McDowell Rd., Encanto Village, Phoenix, AZ
Property

Office

1,801 SF
Availability

1 Space

1,801 SF
Year Built

1948
For Lease

$8.00/SF/YR
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Bethany Plaza

6025 North 27th Avenue, Alhambra, Phoenix, AZ
Property

Retail

80,271 SF
Availability

22 Spaces

76,901 SF
Year Built

1969
For Lease Contact for pricing
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16th St & Baseline Rd

16th St & Baseline Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Retail

33,385 SF
Availability

1 Space

33,385 SF
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
3740 W Van Buren St

3740 West Van Buren Street, Estrella Village, Phoenix, AZ
Property

Industrial

27,255 SF
Availability

1 Space

6,292 SF
Year Built

1986
For Lease

$1.15/SF/MO
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5065 East Elliot Road

5065 East Elliot Road, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

4,615 SF
Year Built

1980
For Sale

$1,795,000
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1710 N 16th St

1710 N 16th St, Encanto Village, Phoenix, AZ
Property

Retail

12,692 SF
Availability

2 Spaces

3,050 SF
For Lease

$206.00 - $401.00/MO
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Amplify Sky Harbor 1

4325 South 30th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

68,699 SF
Availability

1 Space

23,975 SF
Year Built

2002
For Lease Contact for pricing
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835 N 43rd Ave

835 N 43rd Ave, Estrella Village, Phoenix, AZ
Property

Retail

12,530 SF
Availability

1 Space

2,400 SF
Year Built

2006
For Lease Contact for pricing
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8801 N Central Ave

8801 N Central Ave, North Mountain Village, Phoenix, AZ
Property

Office

7,724 SF
Availability

2 Spaces

5,268 SF
Year Built

1955
For Lease

$20.00/SF/YR
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AZ, Phoenix - N 2nd Ave
Regus
135 North 2nd Avenue, 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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Move-in Ready Office Space for Lease in Phoenix

The Lively 8808-8686 N Central Ave, North Mountain Village, Phoenix, AZ
Property

Office
Availability

1 Space

3,200 SF
For Lease Contact for pricing
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Arcadia Towne Center

4730-4750 E Indian School Rd, East Phoenix, Phoenix, AZ
Property

Retail

69,503 SF
Availability

1 Space
Year Built

1966
For Lease Contact for pricing
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1315 East Gibson Lane

1315 East Gibson Lane, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

86,701 SF
Availability

1 Space

23,000 SF
Year Built

1980
For Lease

$12.00/SF/YR
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Office Space for Sale in Midtown Phoenix

3033 N Central Ave, Encanto Village, Phoenix, AZ
Property

Office

12,486 SF
For Sale

$2,434,770
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The Ashby on Osborn

1221-1313 E Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

88,100 SF
Availability

2 Spaces

16,538 SF
Year Built

1987
For Lease

$23.00/SF/YR
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5124 N 19th Ave

5124 N 19th Avenue, Alhambra, Peoria, AZ
Property

Office

8,124 SF
Year Built

1982
For Sale

Subject To Offer
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Corporate Center - 10020, 10210 & 10220 North 25th Avenue

10020 North 25th Avenue, North Mountain Village, Phoenix, AZ
Property

Office

109,548 SF
Availability

4 Spaces

34,378 SF
Year Built

1974
For Lease

$22.00/SF/YR
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2625 E Rose Garden Lane

2625 E Rose Garden Lane, Paradise Valley Village, Phoenix, AZ
Property

Industrial

14,621 SF
For Sale

Subject To Offer
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4620 E Elwood St

4620 E Elwood St, Central City, Phoenix, AZ
Property

Industrial

143,940 SF
Availability

1 Space

1,530 SF
Year Built

1985
For Lease

$1.20/SF/MO
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24th at Camelback I

2375 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

302,209 SF
Availability

1 Space

4,216 SF
Year Built

2000
For Lease

$32.00/SF/YR
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Reywest Commerce Center

4137 W Adams Street, Estrella Village, Phoenix, AZ
Property

Industrial

56,817 SF
Availability

1 Space

56,817 SF
Year Built

1985
For Lease Contact for pricing
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35th Ave and Thunderbird Retail Center

3516-3542 W Calavar Rd, North Mountain Village, Phoenix, AZ
Property

Retail

19,600 SF
For Sale

$3,000,000
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Squaw Peak Center

3031 East Indian School Road, Biltmore, Phoenix, AZ
Property

Retail

41,349 SF
Availability

2 Spaces

4,882 SF
Year Built

1977
For Lease Contact for pricing
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2411 W Rose Garden Ln

2411 W Rose Garden Ln, Deer Valley Village, Phoenix, AZ
Property

Office

68,600 SF
Availability

1 Space

7,500 SF
Year Built

1998
For Lease

$20.00/SF/YR
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Metro Business Park II

11048 North 23rd Drive, North Mountain Village, Phoenix, AZ
Property

Industrial

126,362 SF
Availability

1 Space

7,722 SF
Year Built

1980
For Lease Contact for pricing
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School Facility-Medical Office for Sale or Lease in Central Phoenix

3738 N 16th St, Encanto Village, Phoenix, AZ
Property

Other

66,906 SF
For Sale Contact for pricing
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2539 East Rose Garden Lane

2539 East Rose Garden Lane, Paradise Valley Village, Phoenix, AZ
Property

Industrial

14,300 SF
Availability Contact for availability
Year Built

2002
For Lease Contact for pricing
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4205 W Glenrosa Ave

4205 W Glenrosa Ave, Maryvale, Phoenix, AZ
Property

Industrial

12,000 SF
Availability

1 Space

12,000 SF
Year Built

1974
For Lease

$1.49/SF/MO
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Two Gateway

432 N 44th Street, Camelback East, Phoenix, AZ
Property

Office

109,682 SF
Availability

3 Spaces

81,306 SF
Year Built

1985
For Lease

$28.00/SF/YR
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Class A Plug and Play Office Space for Sublease in Phoenix

CBIZ Plaza 3101-3111 N Central Ave Phoenix AZ, Encanto Village, Phoenix, AZ
Property

Office
Availability

1 Space

1,633 SF
For Lease Contact for pricing
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SWC Loop 101 & Thomas

SWC Loop 101 & Thomas , Maryvale, Phoenix, AZ
Property

VacantLand
For Sale

Subject To Offer
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Office Condominium for Sale in Midtown Phoenix

Earll Professional Plaza 202 E Earll Dr, Encanto Village, Phoenix, AZ
Property

Office

5,606 SF
For Sale

$1,653,771
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3744 W Roanoke Ave

3726 West Roanoke Avenue, Maryvale, Phoenix, AZ
Property

Industrial

20,216 SF
Availability

1 Space

1,152 SF
Year Built

1982
For Lease

$1.18/SF/MO
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Retail property in Phoenix, AZ

4201 W Bethany Home Rd, Alhambra, Phoenix, AZ
Property

Retail

2,080 SF
Year Built

1969
For Sale

$590,000
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Pointe Plaza

7315 N 16th St, Camelback East, Phoenix, AZ
Property

Office

1,100 SF
Availability

1 Space

1,100 SF
For Lease

$16.52/SF/MO
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3443 W Earll Dr

3443 W Earll Dr, Maryvale, Phoenix, AZ
Property

Industrial

27,007 SF
Availability

1 Space

6,500 SF
Year Built

1997
For Lease

$1.09/SF/MO
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Esplanade V

2555 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

229,854 SF
Availability

6 Spaces

38,492 SF
Year Built

2001
For Lease Contact for pricing
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The Cotton Center - 4500 East Cotton Center Blvd

4500 East Cotton Center Blvd, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

139,403 SF
Availability

1 Space

139,403 SF
Year Built

2013
For Lease

$17.00/SF/YR
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Retail Space for Lease in Downtown Phoenix

330 E Roosevelt St, Downtown Phoenix, Phoenix, AZ
Property

Retail
Availability

1 Space

2,753 SF
For Lease Contact for pricing
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3133 Camelback

3133 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

99,113 SF
Availability

5 Spaces

36,596 SF
Year Built

1999
For Lease

$47.00/SF/YR
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9831 S 51st St, Bldg D

9831 S 51st St, Bldg D, Ahwatukee Foothills, Phoenix, AZ
Property

Industrial

15,554 SF
Availability

1 Space

3,916 SF
Year Built

1985
For Lease

$1.50/SF/MO
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Bell Center

1502 West Bell Road, Deer Valley Village, Phoenix, AZ
Property

Retail

34,658 SF
Availability

8 Spaces

10,005 SF
Year Built

1983
For Lease Contact for pricing
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South 40 Distribution Center

5610 South 40th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

308,180 SF
Availability

1 Space

11,451 SF
Year Built

2008
For Lease

$1.45/SF/MO
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4101 W Bethany Home Rd

4101 W Bethany Home Rd, Alhambra, Phoenix, AZ
Property

VacantLand

29,085 SF
Availability

1 Space

29,185 SF
For Lease

$2,500.00/MO
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748 E Bell Rd

748 E Bell Rd, Deer Valley Village, Phoenix, AZ
Property

Retail

4,606 SF
Availability

1 Space

1,736 SF
Year Built

2005
For Lease Contact for pricing
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2425 East Camelback Road
WeWork
2425 East Camelback Road #150, Phoenix, AZ
Services

Virtual Office

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Bike storage

Complimentary coffee & tea

Ethernet

EV charging stations

Free water

Game room

High-speed wifi

IT support

Kitchen

Lounge area
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13636 North Tatum Blvd

13636 North Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Retail

42,307 SF
Availability

1 Space

27,000 SF
Year Built

1988
For Lease

$10.00/SF/YR
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Campbell @ 16

4515 N. 16th St., Camelback East, Phoenix, AZ
Property

Retail

23,711 SF
Availability

3 Spaces

4,207 SF
For Lease Contact for pricing
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11460 N Cave Creek Road

11460 N Cave Creek Road, North Mountain Village, Phoenix, AZ
Property

Industrial

24,215 SF
Availability

1 Space

1,834 SF
Year Built

1986
For Lease Contact for pricing
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SWC 83rd Ave & Virginia Ave

SWC 83rd Ave & Virginia Ave, Maryvale, Phoenix, AZ
Property

VacantLand
For Sale

$0.01
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Blackhawk Corporate Center II & III

2902 West Agua Fria Fwy, Deer Valley Village, Phoenix, AZ
Property

Office

113,810 SF
Availability

3 Spaces

36,176 SF
Year Built

1998
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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