Downtown Phoenix, AZ Office Spaces for Lease
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Downtown Phoenix, AZ Office Spaces Lease Rates & Market Statistics
Browse 51 Office Spaces for lease in Downtown Phoenix, AZ on Realmo, a commercial real estate marketplace serving the Downtown Phoenix area. The current inventory totals 637,184 square feet of properties — an average of ~12,500 SF per listing.
Office Spaces lease rates in Downtown Phoenix range from $3.57 SF/Yr at the entry level to $30.15 SF/Yr at the top of the market, averaging $21.62 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 $21.62 SF/Yr is in line with the Arizona state average.
By space type, the market includes 37 office units, 12 coworking space listings and 7 office buildings — office units typically offer the lowest entry point, while office buildings command the highest rates.