Tempe, AZ Retail Properties & Spaces for Lease
Tempe, AZ Retail properties & Spaces Lease Rates & Market Statistics
Explore 108 Retail properties & Spaces for lease in Tempe, AZ on Realmo, a commercial real estate exchange covering the Tempe area. The current inventory totals 2,173,713 square feet of properties — an average of ~20,150 SF per listing.
Retail properties & Spaces lease rates in Tempe range from $15 SF/Yr at the entry level to $26 SF/Yr at the top of the market, averaging $18.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $18.75 SF/Yr, the local average runs 9% below Arizona's state average of $20.56 SF/Yr.
Tempe accounts for 7% of the 1,451 retail properties & spaces currently available across Maricopa County, where nearby markets include Phoenix and Mesa. By space type, the market includes 22 storefront properties, 19 shopping centers and 4 automotive properties.