Tempe, AZ Flex Space for Lease
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Tempe, AZ Flex space Lease Rates & Market Statistics
Explore 72 Flex space listings for lease in Tempe, AZ on Realmo, a commercial real estate exchange covering the Tempe area. The current inventory totals 1,829,982 square feet of properties — an average of ~25,400 SF per listing.
Flex space lease rates in Tempe range from $12 SF/Yr at the entry level to $22 SF/Yr at the top of the market, averaging $15.83 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15.83 SF/Yr, the local average runs 19% above Arizona's state average of $13.33 SF/Yr.
Tempe accounts for 20% of the 361 flex space listings currently available across Maricopa County, where nearby markets include Phoenix and Mesa. Flex space listings make up 53% of the 136 Industrial properties currently for lease in Tempe, with asking rates in line with the citywide Industrial properties average. Tenants comparing options may also consider Other industrial properties (55 listings) and Distribution centers (4 listings) elsewhere in the Tempe market.