Phoenix, AZ Conventional Restaurants for Lease
- Scottsdale, AZ
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Similar Spaces for Sale in Phoenix, AZ
Phoenix, AZ Conventional restaurants Lease Rates & Market Statistics
Explore 21 Conventional restaurants for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 69,406 square feet of properties — an average of ~3,300 SF per listing.
Conventional restaurants lease rates in Phoenix range from $24.03 SF/Yr at the entry level to $24.03 SF/Yr at the top of the market, averaging $24.03 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $24.03 SF/Yr is 5% below the Arizona state average of $25.25 SF/Yr.
Phoenix accounts for 33% of the 63 conventional restaurants currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. Conventional restaurants make up 37% of the 57 Restaurants currently for lease in Phoenix, with asking rates averaging $24.03 SF/Yr — 97% above the citywide Restaurants average of $12.18 SF/Yr. Tenants comparing options may also consider Other restaurants (19 listings) and Drive through restaurants (11 listings) elsewhere in the Phoenix market.