Phoenix, AZ Shopping Centers for Lease
- Scottsdale, AZ
- Gilbert, AZ
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
- Tolleson, AZ
Phoenix, AZ Shopping centers Lease Rates & Market Statistics
Explore 116 Shopping centers for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 1,168,755 square feet of properties — an average of ~10,100 SF per listing.
Shopping centers lease rates in Phoenix range from $12 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $18.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $18.50 SF/Yr is in line with the Arizona state average.
Phoenix accounts for 30% of the 388 shopping centers currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. Shopping centers make up 32% of the 357 Retail properties & Spaces currently for lease in Phoenix, with asking rates averaging $18.50 SF/Yr — 16% below the citywide Retail properties & Spaces average of $21 SF/Yr. Tenants comparing options may also consider Storefront properties (58 listings) and Other retail properties (17 listings) elsewhere in the Phoenix market.