Tempe, AZ Shopping Centers for Lease
- Scottsdale, AZ
- Phoenix, AZ
- Mesa, AZ
- Maricopa, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
- Apache Junction, AZ
- Gilbert, AZ
Similar Spaces for Sale in Tempe, AZ
Tempe, AZ Shopping centers Lease Rates & Market Statistics
Explore 18 Shopping centers for lease in Tempe, AZ on Realmo, a commercial real estate exchange covering the Tempe area. The current inventory totals 194,024 square feet of properties — an average of ~10,800 SF per listing.
Shopping centers lease rates in Tempe range from $18 SF/Yr at the entry level to $23 SF/Yr at the top of the market, averaging $20.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.50 SF/Yr, the local average runs 12% above Arizona's state average of $18.38 SF/Yr.
Tempe accounts for 5% of the 388 shopping centers currently available across Maricopa County, where nearby markets include Phoenix and Mesa. Shopping centers make up 20% of the 89 Retail properties & Spaces currently for lease in Tempe, with asking rates averaging $20.50 SF/Yr — 28% above the citywide Retail properties & Spaces average of $16.05 SF/Yr. Tenants comparing options may also consider Storefront properties (17 listings) and Showrooms (4 listings) elsewhere in the Tempe market.
