Commercial Real Estate Market in Chandler, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
339 active listings and 4,769 off-market properties in Chandler, AZ. Commercial property asks $58/SF to buy and $23.67/SF/Yr to lease.
Market Trends
Chandler, AZ spans 121.4 square miles in Maricopa County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Chandler, AZ asks $21.38/SF/Yr to lease. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in West region
Retail
Retail vacancy in Chandler, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Chandler, AZ runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Chandler, AZ runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 82.5%
- Agricultural 4.9%
- Industrial 4%
- Commercial 3.5%
- Open space 2.9%
- Civic 2.4%
Largest Zones share of zoned land by district
Planned Area Development
Single Family Residential
Agricultural
Park
Planned Industrial
Chandler, AZ zones 39,642 acres across 32 districts. Commercial zoning covers 3.5% of zoned land, residential 82.5%, open space 2.9% and industrial 4%. The largest single district is Planned Area Development at 68.8%. For commercial buyers the practical constraint is that only 7.4% of land carries a commercial or industrial designation.
Agricultural (AG-1)
ARTICLE IV. - AG-1-AGRICULTURAL DISTRICT 35-400. - Purpose. The purpose of this district is to provide for agricultural areas within the City and to protect and conserve these areas within and adjacent to urban development. The regulation
Market overview
Demographics & Economy
Chandler, AZ has 296,547 residents in 123,784 households. Density runs 2,443 people per square mile. Median household income here is $106,133 and median gross rent $1,886 a month.
296,547
Population
123,784
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
121.4 sq mi
ZIP Area
2,443
Density / Sq Mi
$106,133
Median Household Income
$59,430
Median Earnings
$1,886
Median Rent
$472,592
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Gilbert | — | $28.08 |
| Guadalupe | — | — |
| Mesa | — | $16.57 |
| Tempe | — | $19.83 |
Commercial property in Chandler, AZ asks $58/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chandler?
Commercial property in Chandler, AZ asks an average of $58 per square foot. The 6 most recent recorded sales traded at a median of $22/SF, so asking sits 167% above the achieved median.
How much does it cost to lease commercial space in Chandler?
Asking lease rates in Chandler, AZ average $23.67 per square foot per year. Office asks $21.38/SF/Yr as of Q2 26, down from $26.66/SF/Yr in Q1 26.
What zoning applies to commercial property in Chandler?
Chandler, AZ zones 39,642 acres across 32 districts, of which 3.5% is commercial and 4% industrial. The largest single district is Planned Area Development at 68.8% of zoned land. Residential zoning covers 82.5% and open space 2.9%.
Where does Realmo's Chandler market data come from?
Realmo compiles Chandler, AZ figures from 8 recent recorded sales, 122 active sale listings, 217 active lease listings, 4,769 tracked off-market properties, the current Chandler zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 122 active for-sale and 217 active for-lease listings in Chandler, AZ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 39,642 zoned acres across 32 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level, industrial vacancy is reported at West region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
