Phoenix, AZ Flex Space for Lease
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Phoenix, AZ Flex space Lease Rates & Market Statistics
Explore 157 Flex space listings for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 2,198,305 square feet of properties — an average of ~14,000 SF per listing.
Flex space lease rates in Phoenix range from $8.41 SF/Yr at the entry level to $28 SF/Yr at the top of the market, averaging $15.65 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 $15.65 SF/Yr is 18% above the Arizona state average of $13.24 SF/Yr.
Phoenix accounts for 43% of the 364 flex space listings currently available across Maricopa County, where nearby markets include Tempe and Mesa. Flex space listings make up 51% of the 309 Industrial properties currently for lease in Phoenix, with asking rates averaging $15.65 SF/Yr — 14% above the citywide Industrial properties average of $13.69 SF/Yr. Tenants comparing options may also consider Other industrial properties (98 listings) and Distribution centers (20 listings) elsewhere in the Phoenix market.