Phoenix, AZ Restaurants for Lease
- Gilbert, AZ
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Guadalupe, AZ
- Scottsdale, AZ
- Paradise Valley, AZ
Phoenix, AZ Restaurants Lease Rates & Market Statistics
Explore 78 Restaurants for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 818,050 square feet of properties — an average of ~10,500 SF per listing.
Restaurants lease rates in Phoenix range from $6.26 SF/Yr at the entry level to $42 SF/Yr at the top of the market, averaging $24.10 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 $24.10 SF/Yr is 6% below the Arizona state average of $25.75 SF/Yr.
Phoenix accounts for 34% of the 227 restaurants currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. By space type, the market includes 31 conventional restaurants, 27 other restaurants and 15 drive through restaurants — conventional restaurants typically offer the lowest entry point, while drive through restaurants command the highest rates.
