Commercial Real Estate Market in Glendale, AZ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
325 active listings and 3,994 off-market properties in Glendale, AZ. Commercial property asks $137/SF to buy and $25.75/SF/Yr to lease.
Market Trends
Glendale, AZ spans 79.6 square miles in Maricopa County, Arizona. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Glendale, AZ runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Glendale, AZ runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Glendale, 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 Glendale, 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
- Civic 33.6%
- Mixed use 24.5%
- Residential 22.9%
- Industrial 7%
- Commercial 5.7%
Largest Zones share of zoned land by district
Single Residence 6
Planned Area Development
Agricultural
Luke Air Force Base
Light Industrial
Single Residence 6 (R1-6)
R1-10, R1-8, R1-7, R1-6, R1-4 (Urban Residential 10, 8, 7, 6, & 4): These zoning districts do not allow for horses or any other livestock including swine and chickens. PAD (Planned Area Development): Please contact the Planning Division at 623-930-2800 to obtain specifics on if horses are allowed within this zoning district. PRD (Planned Residential Developm…
Market overview
Demographics & Economy
Glendale, AZ has 308,426 residents in 115,343 households. Density runs 3,876 people per square mile. Median household income here is $76,934 and median gross rent $1,521 a month.
308,426
Population
115,343
Households
2.7
Avg Household Size
35
Median Age
24%
College-Educated
86%
High-School Grad
79.6 sq mi
ZIP Area
3,876
Density / Sq Mi
$76,934
Median Household Income
$42,400
Median Earnings
$1,521
Median Rent
$337,144
Median Home Value
Tools
Nearby Markets
Commercial property in Glendale, AZ asks $137/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glendale?
Commercial property in Glendale, AZ asks an average of $137 per square foot. The 5 most recent recorded sales traded at a median of $163/SF.
How much does it cost to lease commercial space in Glendale?
Asking lease rates in Glendale, AZ average $25.75 per square foot per year.
Where does Realmo's Glendale market data come from?
Realmo compiles Glendale, AZ figures from 5 recent recorded sales, 162 active sale listings, 163 active lease listings, 3,994 tracked off-market properties, the current Glendale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 162 active for-sale and 163 active for-lease listings in Glendale, 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: 43,278 zoned acres across 30 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 and industrial vacancy is reported at West region level.
- 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
