Phoenix, AZ Industrial Properties for Lease
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Phoenix, AZ Industrial properties Lease Rates & Market Statistics
Explore 344 Industrial properties for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 10,685,481 square feet of properties — an average of ~31,050 SF per listing.
Industrial properties lease rates in Phoenix range from $5.33 SF/Yr at the entry level to $39.78 SF/Yr at the top of the market, averaging $15.62 SF/Yr. That's a 7x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $15.62 SF/Yr is 18% above the Arizona state average of $13.23 SF/Yr.
Phoenix accounts for 39% of the 872 industrial properties currently available across Maricopa County, where nearby markets include Tempe and Mesa. By space type, the market includes 185 flex space listings, 103 other industrial properties and 19 distribution centers — other industrial properties typically offer the lowest entry point, while flex space commands the highest rates.