Phoenix, AZ Office Buildings for Lease
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Guadalupe, AZ
- Scottsdale, AZ
- Paradise Valley, AZ
- Tolleson, AZ
Phoenix, AZ Office buildings Lease Rates & Market Statistics
Explore 203 Office buildings for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 5,142,604 square feet of properties — an average of ~25,350 SF per listing.
Office buildings lease rates in Phoenix range from $6.05 SF/Yr at the entry level to $47 SF/Yr at the top of the market, averaging $26.34 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $26.34 SF/Yr is in line with the Arizona state average.
Phoenix accounts for 48% of the 424 office buildings currently available across Maricopa County, where nearby markets include Scottsdale and Tempe. Office buildings make up 27% of the 750 Office Spaces currently for lease in Phoenix, with asking rates averaging $26.34 SF/Yr — 25% above the citywide Office Spaces average of $21.10 SF/Yr. Tenants comparing options may also consider Office Units (450 listings) and Medical Office Space (105 listings) elsewhere in the Phoenix market.