Phoenix, AZ Strip Malls for Lease
- Scottsdale, AZ
- Gilbert, AZ
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
- Tolleson, AZ
Phoenix, AZ Strip malls Lease Rates & Market Statistics
Explore 27 Strip malls for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 242,274 square feet of properties — an average of ~8,950 SF per listing.
Strip malls lease rates in Phoenix range from $10.50 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $18.66 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $18.66 SF/Yr is 54% below the Arizona state average of $40.58 SF/Yr.
Phoenix accounts for 30% of the 90 strip malls currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. Strip malls make up 8% of the 360 Retail properties & Spaces currently for lease in Phoenix, with asking rates averaging $18.66 SF/Yr — 16% below the citywide Retail properties & Spaces average of $22.11 SF/Yr. Tenants comparing options may also consider Shopping centers (117 listings) and Storefront properties (59 listings) elsewhere in the Phoenix market.
