Phoenix, AZ Conventional Restaurants for Lease

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30 properties

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Updated: Aug 12

Freestanding Restaurant Building

1216 E NORTHERN Avenue, Phoenix, AZ 85020

$6,900/Mo

3,446 sqft

3,446 SF freestanding restaurant building
Existing restaurant buildout in place
Signalized intersection of Northern Avenue and 12th Street
Frontage on Northern Avenue
Near State Route 51

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Updated: Aug 15

Freestanding Drive-Through Restaurant

4126 E INDIAN SCHOOL Road, Phoenix, AZ 85018

$14,192/Mo

4,055 sqft 0.89 AC lot

Approximately 4,055 SF restaurant building on approximately 0.89 acres
Approximately 196 linear feet of frontage along E Indian School Road
41 parking spaces serving the restaurant property
Indoor dining and outdoor patio seating areas
Drive‑through configuration with monument signage

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Restaurant Building with On-Site Parking

1730 E McDowell Road, Phoenix, AZ 85006

$6,000/Mo

4,330 sqft

C2-zoned former bar and restaurant with access to SR-51 and I-10.

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Neighborhood Shopping Center Corner Retail

15414 N 19th Ave, Phoenix, AZ 85023

$2,150/Mo

Moon Mountain Shopping Center offers three suites for lease on the 19th Avenue and Greenway Road corner.

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Second-Generation Restaurant Space

3375 E Shea Blvd, Phoenix, AZ 85028

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6,243 sqft

Turnkey second-generation restaurant space with existing improvements, available for lease in Phoenix.

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Second-Gen Restaurant and Retail Space

2140 E Cactus Rd, Phoenix, AZ 85022

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3,199 sqft

Two available second-generation spaces with flexible demising options near major retail anchors.

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Restaurant Space with Hood and Grease Trap

1816 West Bethany Home Road, Phoenix, AZ 85015

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1,500 sqft

Second-generation restaurant suite with hood and grease trap, positioned across from major education and retail destinations.

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Second-Gen Restaurant Space

2140 E Cactus Rd, Phoenix, AZ 85022

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1,335 sqft

Second-gen restaurant space available in a retail center near busy intersections and major national anchors.

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Restaurant Space Available For Lease

34640-34648 N North Valley Pkwy, Phoenix, AZ 85086

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1,800 sqft

Former Pizza Hut space available for lease July 1, 2026.

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Second-Generation Restaurant Bar Space

4902 E Warner Rd, Phoenix, AZ 85044

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700 sqft

Storefront retail space suited for a restaurant and bar, formerly operating as a beauty salon.

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Renovated Office Building

3110 N Central Ave, Phoenix, AZ 85012

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8,050 sqft

Newly renovated office space within Park Central, with outdoor community areas, walking paths, and a pedestrian connection to Central Avenue.

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Restaurant Space with Hood Vent

4310 E Mcdowell Rd, Phoenix, AZ 85008

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650 sqft

Restaurant space includes a 14-foot hood vent and offers yard space for food truck parking for an additional fee.

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Restaurant or Bar with Patio

1624 E Washington St, Phoenix, AZ 85034

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878 sqft

For lease restaurant or bar space with a large outdoor patio and approximately 878 square feet.

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Second-Generation Restaurant Suites

15414 N 19th Ave, Phoenix, AZ 85023

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2,225 sqft

Three retail suites are available at Moon Mountain Shopping Center on a hard-corner intersection with high daily vehicle counts.

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Freestanding Restaurant Pad Building

3567 W Northern Ave, Phoenix, AZ 85051

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4,685 sqft

Freestanding restaurant pad building on a high-traffic intersection near I-17 in Phoenix.

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Partially Built-Out Restaurant

1855 W Greenway Rd, Phoenix, AZ 85023

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3,273 sqft

Existing restaurant improvements provide a starting point for a commercial food-service operation.

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Freestanding Restaurant Building

1534 W Camelback Rd, Phoenix, AZ 85015

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4,122 sqft

Freestanding restaurant available July 2025 with Camelback Rd frontage.

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Restaurant Space with Prime Highway Access

10004 N 26th Dr, Phoenix, AZ 85021

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5,039 sqft

5,039 SF restaurant space available off I-17 with 205,563 ADT.

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Former Restaurant Space Off I-17

10046 N 26th Dr, Phoenix, AZ 85021

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7,824 sqft

Former 7,824 SF restaurant space available for rent in a high-traffic commercial corridor.

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Restaurant Endcap with Walk-In

6075 N 19th Ave, Phoenix, AZ 85015

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Restaurant endcap space includes a hood, grease trap, walk-in, and monument signage opportunities.

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Restaurant Event Courtyard Building

3243 North 3rd Street, Phoenix, AZ 19140

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Iconic indoor/outdoor restaurant setup with multiple patios, a full-service bar, and event-ready communal spaces.

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Vacant Denny's Restaurant Pad

3160 W Carefree Hwy, Phoenix, AZ 85086

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4,836 sqft

Vacant Denny's pad in Tramanto Marketplace with full access to Carefree Hwy, North Valley Pkwy, and I-17.

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Former Denny's Restaurant For Lease

4121 West Anthem Way, Phoenix, AZ 85086

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Former Denny's restaurant available for lease.

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Commercial Land on Major Corridor

3222 East Indian School Road, Phoenix, AZ 85018

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For lease commercial land located on the Camelback Corridor near 32nd Street and Indian School Road.

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Phoenix, AZ Conventional restaurants Lease Rates & Market Statistics

Explore 30 Conventional restaurants for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 82,684 square feet of properties — an average of ~2,750 SF per listing.

Conventional restaurants lease rates in Phoenix range from $16.63 SF/Yr at the entry level to $42 SF/Yr at the top of the market, averaging $27.55 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $27.55 SF/Yr is 15% above the Arizona state average of $23.95 SF/Yr.

Phoenix accounts for 41% of the 74 conventional restaurants currently available across Maricopa County, where nearby markets include Mesa and Tempe. Conventional restaurants make up 39% of the 77 Restaurants currently for lease in Phoenix, with asking rates averaging $27.55 SF/Yr — 24% above the citywide Restaurants average of $22.23 SF/Yr. Tenants comparing options may also consider Other restaurants (27 listings) and Drive through restaurants (14 listings) elsewhere in the Phoenix market.

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