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.

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
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Phoenix-Midtown
Pacific Workplaces
3838 North Central Avenue 9th Floor, Phoenix, AZ
Amenities

Mail services
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261 E University Dr

261 E University Dr, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

41,906 SF
Year Built

1979
For Sale

$7,500,000
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Central Physicians Plaza

6036 North 19th Avenue, Alhambra, Phoenix, AZ
Property

Office

80,254 SF
Availability

13 Spaces

30,596 SF
Year Built

1972
For Lease

$25.00/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Rose Lane Plaza

714 E. Rose Lane , Camelback East, Phoenix, AZ
Property

Office

8,500 SF
Availability

1 Space

8,500 SF
Year Built

1986
For Lease

$17.00/SF/YR
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Deer Valley Medical Towers

20414 North 27th Avenue, Deer Valley Village, Phoenix, AZ
Property

Office

81,907 SF
Availability

4 Spaces

10,649 SF
Year Built

2008
For Lease

$24.00/SF/YR
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3845 North 29th Avenue

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

Industrial

25,114 SF
Year Built

1973
For Sale

$4,500,000
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Prologis Pinnacle Industrial Center

23040 North 11th Avenue, Deer Valley Village, Phoenix, AZ
Property

Industrial

159,661 SF
Availability

2 Spaces

25,487 SF
Year Built

2006
For Lease Contact for pricing
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830 S. 25th Avenue

830 S. 25th Avenue, Estrella Village, Phoenix, AZ
Property

Industrial

23,778 SF
Availability

1 Space

23,778 SF
Year Built

1963
For Lease Contact for pricing
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4014 E Broadway Rd

4014 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

16,294 SF
Availability

2 Spaces

3,850 SF
Year Built

1980
For Lease

$1.40/SF/MO
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4040 East Camelback Road

4040 East Camelback Road, Camelback East, Phoenix, AZ
Property

Office

48,744 SF
Availability

2 Spaces

4,218 SF
Year Built

1985
For Lease Contact for pricing
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102 West Watkins Street & 2248 South Central Avenue

102 West Watkins Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

102,417 SF
Availability

1 Space

75,140 SF
Year Built

1981
For Lease

$0.90/SF/MO
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Industrial-Flex Space for Sale or Lease in Phoenix

1011 N 21st Ave, Central City, Phoenix, AZ
Property

Industrial

9,400 SF
Availability

1 Space

9,400 SF
For Lease Contact for pricing
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2001 W Cheryl Dr

2001 West Cheryl Drive, North Mountain Village, Phoenix, AZ
Property

Industrial

9,877 SF
Availability

2 Spaces

4,000 SF
Year Built

1972
For Lease

$0.95/SF/MO
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7910 W Thomas Rd

7910 W Thomas Rd, Maryvale, Phoenix, AZ
Property

Retail

18,173 SF
Year Built

2008
For Sale

$3,701,592
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Three High-Performing Charter Schools for Sale in Arizona and Nevada

Imagine Schools Portfolio 6738 W McDowell Rd, Maryvale, Phoenix, AZ
Property

Other

128,925 SF
For Sale Contact for pricing
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West 101 Business Center

1830, 1840, 1850 N 95TH AVE, Maryvale, Phoenix, AZ
Property

Office

118,853 SF
Availability

2 Spaces

11,547 SF
Year Built

2006
For Lease

$28.50/SF/YR
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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
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3820 N. 3RD ST.

3820 N. 3RD ST., Encanto Village, Phoenix, AZ
Property

Office

9,435 SF
Availability

1 Space

9,435 SF
Year Built

1975
For Lease

$12.00/SF/YR
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Pinnacle Peak - Phase I

23910 N 19th Ave, Deer Valley Village, Phoenix, AZ
Property

Industrial

302,254 SF
Availability

1 Space

18,874 SF
Year Built

2001
For Lease Contact for pricing
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6th St & Garfield St

6th St & Garfield St, Downtown Phoenix, Phoenix, AZ
Property

Retail

6,366 SF
Availability

1 Space

6,366 SF
For Lease Contact for pricing
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Industrial Space for Lease in Phoenix

625 S 27th Ave, Estrella Village, Phoenix, AZ
Property

Industrial

850,000 SF
Availability

1 Space

83,062 SF
For Lease Contact for pricing
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Forty6Forty5 Cotton Corporate Center

4645 E Cotton Center Boulevard, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

116,858 SF
Availability

1 Space

25,719 SF
Year Built

2000
For Lease

$25.00/SF/YR
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Freestanding Office Building Midtown Phoenix

1626 N 7th St, Encanto Village, Phoenix, AZ
Property

Office

974 SF
Year Built

1939
For Sale

$410,000
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1550 E Maryland Ave

1550 E Maryland Ave, Camelback East, Phoenix, AZ
Property

Office

4,175 SF
Year Built

1981
For Sale

$1,625,000
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4420 N Central Ave

4420 N Central Ave, Encanto Village, Phoenix, AZ
Property

Retail

12,000 SF
Year Built

1951
For Sale

Call for Details
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SEC 35th Ave & Thunderbird Rd

SEC 35th Ave & Thunderbird Rd, North Mountain Village, Phoenix, AZ
Property

Retail

50,000 SF
Availability

4 Spaces

6,306 SF
For Lease Contact for pricing
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3133 East Camelback Road

3133 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

101,818 SF
Availability

1 Space

12,258 SF
Year Built

1999
For Lease

$29.75/SF/YR
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Estrella Commerce Park

7175 W Sherman Street, Estrella Village, Phoenix, AZ
Property

Industrial

60,000 SF
Availability

1 Space

60,000 SF
Year Built

2009
For Lease Contact for pricing
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Industrial Flex Space for Sublease in Phoenix

4901 W Van Buren St, Estrella Village, Phoenix, AZ
Property

Industrial
Availability

1 Space

63,454 SF
For Lease Contact for pricing
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Corporate Center - 10010 North 25th Avenue

10010 North 25th Avenue, North Mountain Village, Phoenix, AZ
Property

Office

74,640 SF
Availability

3 Spaces

54,821 SF
Year Built

1974
For Lease

$22.00/SF/YR
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Camelback Collective

2801 E Camelback Road, Biltmore, Phoenix, AZ
Property

Office

118,090 SF
Availability

1 Space

5,714 SF
Year Built

2018
For Lease

$52.50/SF/YR
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3201 East Elwood Street

3201 East Elwood Street, Central City, Phoenix, AZ
Property

Office

77,132 SF
Availability

1 Space

20,536 SF
Year Built

2001
For Lease Contact for pricing
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2345 W Buckeye Rd

2345 W Buckeye Rd, Estrella Village, Phoenix, AZ
Property

Land

173,369 SF
For Sale

$2,200,000
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4829 South 36th Street

4829 South 36th Street, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

32,457 SF
Availability

2 Spaces

12,000 SF
Year Built

1986
For Lease

$1.35/SF/MO
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Office Space for Sublease in Phoenix

1622 N Black Cyn Hwy, Maryvale, Phoenix, AZ
Property

Office
Availability

1 Space

2,838 SF
For Lease Contact for pricing
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24th at Camelback II

2325 East Camelback Road, Biltmore, Phoenix, AZ
Property

Office

302,209 SF
Availability

1 Space

14,469 SF
Year Built

2009
For Lease

$35.00/SF/YR
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1102 N 22nd Ave

1102 N 22nd Ave, Central City, Phoenix, AZ
Property

Industrial

27,500 SF
Year Built

1955
For Sale

$3,500,000
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NWC Van Buren St & 51st Avenue

NWC Van Buren St & 51st Avenue , Estrella Village, Phoenix, AZ
Property

VacantLand
For Sale

$725,000
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3230 E Broadway Rd

3230 E Broadway Rd, South Mountain Highland Terrace, Phoenix, AZ
Property

Office

38,998 SF
Availability

2 Spaces

3,777 SF
Year Built

2001
For Lease

$17.95/SF/YR
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Greenway Park Plaza

3202 E Greenway Rd, Paradise Valley Village, Phoenix, AZ
Property

Retail

217,432 SF
Availability

9 Spaces

15,910 SF
For Lease Contact for pricing
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Flex Industrial Building for Lease in Phoenix

3719 E La Salle St, South Mountain Highland Terrace, Phoenix, AZ
Property

Industrial

15,915 SF
Availability

1 Space

15,915 SF
Year Built

1997
For Lease

$1.90/SF/YR
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8828 N. Central Ave.

8828 N. Central Ave., North Mountain Village, Phoenix, AZ
Property

Office

10,944 SF
Availability

2 Spaces

3,124 SF
Year Built

1974
For Lease

$19.00/SF/YR
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Maryvale Terrace Shopping Center

4105 North 51st Avenue, Maryvale, Phoenix, AZ
Property

Retail

117,436 SF
Availability

1 Space

24,344 SF
Year Built

1955
For Lease Contact for pricing
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2820 W Dunlap Ave

2820 W Dunlap Ave, North Mountain Village, Phoenix, AZ
Property

Retail

44,403 SF
For Sale

Subject To Offer
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SimonMed Imaging

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

Office

42,067 SF
Year Built

2005
For Sale

$16,660,000
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Plaza Executive Suites at Biltmore
Plaza Executive Suites
2942 N 24th St #114, Phoenix, AZ
Services

Virtual Office

Event Space

Meeting Room

Private Office
Amenities

Catering

Complimentary coffee & tea

High-speed wifi

Parking

Receptionist/Secretarial services
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1201 N. 54th Ave.

1201 N. 54th Ave. , Estrella Village, Phoenix, AZ
Property

Industrial

10,000 SF
Availability

1 Space

1,250 SF
Year Built

1986
For Lease Contact for pricing
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Ahwatukee Palms

4855 E Warner Rd, Ahwatukee Foothills, Phoenix, AZ
Property

Retail

133,864 SF
Availability

5 Spaces

17,181 SF
Year Built

1982
For Lease Contact for pricing
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725-733 West McDowell Road

725 West McDowell Road, Central City, Phoenix, AZ
Property

Office

25,625 SF
Availability

1 Space

7,500 SF
Year Built

1950
For Lease Contact for pricing
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Retail property in Phoenix, AZ

4243 W Bethany Home Road, Alhambra, Phoenix, AZ
Property

Retail

2,760 SF
Year Built

1972
For Sale

$490,000
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45 E Monterey Wy

45 E Monterey Wy, Encanto Village, Phoenix, AZ
Property

Office

14,610 SF
Availability

1 Space

2,035 SF
Year Built

1969
For Lease

$17.50/SF/YR
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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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