Phoenix, AZ Shopping Centers for Lease
- Gilbert, AZ
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Scottsdale, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
Phoenix, AZ Shopping centers Lease Rates & Market Statistics
Explore 162 Shopping centers for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 2,904,916 square feet of properties — an average of ~17,950 SF per listing.
Shopping centers lease rates in Phoenix range from $12 SF/Yr at the entry level to $32 SF/Yr at the top of the market, averaging $21 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $21 SF/Yr is 10% above the Arizona state average of $19.02 SF/Yr.
Phoenix accounts for 31% of the 520 shopping centers currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. Shopping centers make up 35% of the 457 Retail properties & Spaces currently for lease in Phoenix, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Storefront properties (73 listings) and Other retail properties (27 listings) elsewhere in the Phoenix market.