Phoenix, AZ Commercial Real Estate for Lease and Sale

Explore 1,287 listings of Phoenix commercial real estate to find the best space for your business.

Papago Medical Park

1331 North 7th Street, Central City, Phoenix, AZ
Property

Office

79,247 SF
Availability

1 Space

13,244 SF
Year Built

1990
For Lease

$25.00/SF/YR
View Details (opens in new window)
Private office with Dedicated Desk at 19th/Deer Valley!

22849 N 19th Ave #105, Deer Valley Village, Phoenix, AZ
Property

Office

15,379 SF
Availability

1 Space

130 SF
Year Built

2007
For Lease

$500.00/MO
View Details (opens in new window)
9831 S 51st St, Bldg E

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

Industrial

18,000 SF
Availability

2 Spaces

7,125 SF
Year Built

1985
For Lease

$1.40 - $1.50/SF/MO
View Details (opens in new window)
4346 W Indian School Rd

4346 W Indian School Rd, Maryvale, Phoenix, AZ
Property

Retail

2,411 SF
Availability

1 Space

2,411 SF
For Lease Contact for pricing
View Details (opens in new window)
What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Industrial Land
Union Plaza

1937 W Union Hills Drive, Deer Valley Village, Phoenix, AZ
Property

Office

42,107 SF
Availability

1 Space

1,155 SF
Year Built

1977
For Lease

$2,500.00/SF/MO
View Details (opens in new window)
12202 N Cave Creek Rd

12202 N Cave Creek Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

38,206 SF
Availability

1 Space

2,296 SF
Year Built

1973
For Lease Contact for pricing
View Details (opens in new window)
2907 W Fairmount Ave

2907 W Fairmount Ave, Alhambra, Phoenix, AZ
Property

Flex Space

3,300 SF
Availability

1 Space

3,300 SF
Year Built

1971
For Lease Contact for pricing
View Details (opens in new window)
Retail property in Phoenix, AZ

2715 - 2721 W Van Buren Street, Estrella Village, Phoenix, AZ
Property

Retail

2,060 SF
Availability

1 Space

2,060 SF
For Lease

$12.00/SF/YR
View Details (opens in new window)
9830 S 51st St, Bldg A

9830 S 51st St, Bldg A, Ahwatukee Foothills, Phoenix, AZ
Property

Industrial

22,194 SF
Availability

1 Space

3,870 SF
Year Built

1985
For Lease

$1.30/SF/MO
View Details (opens in new window)
Industrial Space for Lease in Phoenix

2910 E Chambers St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial
Availability

1 Space

6,768 SF
For Lease

$1.35/SF/YR
View Details (opens in new window)
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
View Details (opens in new window)
407 West Osborn Road

407 West Osborn Road, Encanto Village, Phoenix, AZ
Property

Office

6,727 SF
Availability

4 Spaces

13,454 SF
For Lease

$24.00/SF/YR
View Details (opens in new window)
4709 N 44th St

4709 N 44th St, Camelback East, Phoenix, AZ
Property

Office

1,713 SF
Year Built

1957
For Sale

$1,300,000
View Details (opens in new window)
1502 West Hatcher Road

1502 West Hatcher Road, North Mountain Village, Phoenix, AZ
Property

Industrial

26,000 SF
Availability

8 Spaces

23,469 SF
Year Built

1987
For Lease

$1.20 - $16.80/SF/YR
View Details (opens in new window)
South Mountain Center at The Raven

3540 E Baseline Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

86,835 SF
Availability

3 Spaces

39,171 SF
Year Built

2001
For Lease Contact for pricing
View Details (opens in new window)
Office Space for Lease in Phoenix

The Beadle 336, Encanto Village, Phoenix, AZ
Property

Office
Availability

1 Space

1,667 SF
For Lease Contact for pricing
View Details (opens in new window)
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
View Details (opens in new window)
3845 North 29th Avenue

3845 North 29th Avenue, Alhambra, Phoenix, AZ
Property

Industrial

25,114 SF
Year Built

1973
For Sale

$4,500,000
View Details (opens in new window)
Paradise Tower

14040 North Cave Creek Road, Paradise Valley Village, Phoenix, AZ
Property

Office

47,396 SF
Availability

1 Space

7,499 SF
Year Built

1986
For Lease

$18.00/SF/YR
View Details (opens in new window)
One Arizona Center

400 E Van Buren Street, Downtown Phoenix, Phoenix, AZ
Property

Office

329,602 SF
Availability

16 Spaces

218,691 SF
Year Built

1990
For Lease Contact for pricing
View Details (opens in new window)
1928 West Buckeye Road

1928 West Buckeye Road, Central City, Phoenix, AZ
Property

Retail

14,477 SF
For Sale

$3,500,000
View Details (opens in new window)
Union Hills Office Plaza
Regus
2550 W. Union Hills Drive Suite 350, 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)
10631 S 51st St

10631 S 51st St, Ahwatukee Foothills, Phoenix, AZ
Property

Office

13,761 SF
Year Built

2008
For Sale

$3,275,000
View Details (opens in new window)
Corridors Industrial Park

23365 North 23rd Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

220,259 SF
Availability

2 Spaces

55,678 SF
Year Built

2016
For Lease Contact for pricing
View Details (opens in new window)
4700 E Thomas Road

4700 E Thomas Road, East Phoenix, Phoenix, AZ
Property

Office

12,330 SF
Availability

4 Spaces

4,320 SF
Year Built

1984
For Lease

$18.25 - $20.00/SF/YR
View Details (opens in new window)
SWC 24th St. & Southern Ave.

SWC 24th St. & Southern Ave., South Mountain Highland Terrace, Phoenix, AZ
Property

VacantLand
Availability

2 Spaces

11,000 SF
For Lease Contact for pricing
View Details (opens in new window)
The Centre

4400 North 32nd Street, Biltmore, Phoenix, AZ
Property

Office

70,778 SF
Availability

2 Spaces

15,727 SF
Year Built

1985
For Lease

$28.00 - $35.00/SF/YR
View Details (opens in new window)
The Atria at Paradise Village - 11811 N Tatum Blvd

The Atria at Paradise Village - 11811 N Tatum Blvd, Paradise Valley Village, Phoenix, AZ
Property

Retail

16,212 SF
Availability

3 Spaces

16,212 SF
Year Built

1986
For Lease Contact for pricing
View Details (opens in new window)
Seventy5 Business Park

7150 W Roosevelt Street, Estrella Village, Phoenix, AZ
Property

Industrial

60,941 SF
Availability

1 Space

7,514 SF
Year Built

2006
For Lease

$13.80/SF/YR
View Details (opens in new window)
Anchor Centre East

2231 E Camelback Road, Biltmore, Phoenix, AZ
Property

Office

136,874 SF
Availability

4 Spaces

46,242 SF
Year Built

1986
For Lease

$44.00/SF/YR
View Details (opens in new window)
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
View Details (opens in new window)
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
View Details (opens in new window)
Biltmore Terrace

2122 East Highland Avenue, Biltmore, Phoenix, AZ
Property

Office

62,188 SF
Availability

2 Spaces

12,902 SF
Year Built

1982
For Lease Contact for pricing
View Details (opens in new window)
Flight Center

615 West Deer Valley Drive, Deer Valley Village, Phoenix, AZ
Property

Retail

33,451 SF
Availability

2 Spaces

22,929 SF
Year Built

2004
For Lease

$17.00 - $56.16/SF/YR
View Details (opens in new window)
Retail Shop Space Available for Lease in Anthem Arizona

Anthem Eastside Shops 3668-3720 W Anthem Way, Anthem, New River, AZ
Property

Retail
Availability

1 Space

2,385 SF
For Lease Contact for pricing
View Details (opens in new window)
X Phoenix 1

200 W Monroe St, Downtown Phoenix, Phoenix, AZ
Property

Retail

381,236 SF
Availability

2 Spaces

32,998 SF
Year Built

2020
For Lease

$35.00/SF/YR
View Details (opens in new window)
2626 South 7th Street

2626 South 7th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

190,634 SF
Availability

1 Space

56,249 SF
Year Built

1975
For Lease Contact for pricing
View Details (opens in new window)
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
View Details (opens in new window)
2320 W Holly St

2320 W Holly St, Encanto Village, Phoenix, AZ
Property

Industrial

6,095 SF
Year Built

1959
For Sale

$1,375,000
View Details (opens in new window)
Broadway Crossing

2950 East Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

95,094 SF
Availability

1 Space

31,290 SF
Year Built

2000
For Lease

$32,000.00/MO
View Details (opens in new window)
1601, 1609 E Bell Rd

1601, 1609 E Bell Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

36,392 SF
Availability

1 Space

3,000 SF
Year Built

1987
For Lease

$12.00/SF/YR
View Details (opens in new window)
2833 East Broadway Road

2833 East Broadway Road, South Mountain Highland Terrace, Phoenix, AZ
Property

VacantLand
For Sale

$1,650,000
View Details (opens in new window)
4127 N 19th Ave

4127 N 19th Ave, Encanto Village, Phoenix, AZ
Property

Retail

7,128 SF
Availability

3 Spaces

2,941 SF
Year Built

1946
For Lease

$12.00 - $26.00/SF/YR
View Details (opens in new window)
Office Tower and Plaza Buildings for Lease in Downtown Phoenix

40 Forty-One 4041 N Central Ave, Encanto Village, Phoenix, AZ
Property

Office
Availability

1 Space

39,353 SF
For Lease Contact for pricing
View Details (opens in new window)
Gas Station I-17 L-101

2550 W Deer Valley Rd, Deer Valley Village, Phoenix, AZ
Property

Retail

2,160 SF
Year Built

1971
For Sale

$1,900,000
View Details (opens in new window)
Medical Office Building for Lease in Phoenix

2942 N 7th Ave, Encanto Village, Phoenix, AZ
Property

Other
Availability

1 Space

2,413 SF
For Lease Contact for pricing
View Details (opens in new window)
SimonMed Imaging

8921 W. Thomas Road, Maryvale, Phoenix, AZ
Property

Office

42,067 SF
Year Built

2005
For Sale

$16,660,000
View Details (opens in new window)
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
View Details (opens in new window)
Camelback Center

2355 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

232,615 SF
Availability

1 Space

4,189 SF
Year Built

2000
For Lease

$39.00/SF/YR
View Details (opens in new window)
Central Ave & Highland Ave

Central Ave & Highland Ave, Alhambra, Phoenix, AZ
Property

Retail

5,000 SF
Availability

2 Spaces

1,349 SF
For Lease Contact for pricing
View Details (opens in new window)
Industrial Warehouse for Lease or Sale in Phoenix

2325 W Cypress St, Encanto Village, Phoenix, AZ
Property

Industrial

35,007 SF
For Sale Contact for pricing
View Details (opens in new window)
TN | 1109 N 2nd St | Pemberton Lofts

TN | 1109 N 2nd St | Pemberton Lofts, Downtown Phoenix, Phoenix, AZ
Property

VacantLand
Availability

1 Space

54 SF
For Lease

$5.00/SF/YR
View Details (opens in new window)

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

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us