Tempe, AZ Retail Properties & Spaces for Lease
- Scottsdale, AZ
- Phoenix, AZ
- Mesa, AZ
- Maricopa, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
- Apache Junction, AZ
- Gilbert, AZ
Tempe, AZ Retail properties & Spaces Lease Rates & Market Statistics
Explore 89 Retail properties & Spaces for lease in Tempe, AZ on Realmo, a commercial real estate exchange covering the Tempe area. The current inventory totals 2,074,078 square feet of properties — an average of ~23,300 SF per listing.
Retail properties & Spaces lease rates in Tempe range from $2.69 SF/Yr at the entry level to $26 SF/Yr at the top of the market, averaging $16.05 SF/Yr. That's a 10x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $16.05 SF/Yr, the local average runs 24% below Arizona's state average of $21.22 SF/Yr.
Tempe accounts for 8% of the 1,121 retail properties & spaces currently available across Maricopa County, where nearby markets include Phoenix and Mesa. By space type, the market includes 18 shopping centers, 17 storefront properties and 4 showrooms — storefront properties typically offer the lowest entry point, while shopping centers command the highest rates.
