Phoenix, AZ Strip Malls for Lease
- Gilbert, AZ
- Tempe, AZ
- Apache Junction, AZ
- Glendale, AZ
- Scottsdale, AZ
- Guadalupe, AZ
- Paradise Valley, AZ
- Tolleson, AZ
Phoenix, AZ Strip malls Lease Rates & Market Statistics
Explore 31 Strip malls for lease in Phoenix, AZ on Realmo, a commercial real estate exchange covering the Phoenix area. The current inventory totals 252,939 square feet of properties — an average of ~8,150 SF per listing.
Strip malls lease rates in Phoenix range from $15 SF/Yr at the entry level to $34.10 SF/Yr at the top of the market, averaging $23.18 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $23.18 SF/Yr is 30% below the Arizona state average of $33.34 SF/Yr.
Phoenix accounts for 30% of the 103 strip malls currently available across Maricopa County, where nearby markets include Mesa and Scottsdale. Strip malls make up 7% of the 448 Retail properties & Spaces currently for lease in Phoenix, with asking rates averaging $23.18 SF/Yr — 19% above the citywide Retail properties & Spaces average of $19.42 SF/Yr. Tenants comparing options may also consider Shopping centers (159 listings) and Storefront properties (74 listings) elsewhere in the Phoenix market.
