Phoenix, AZ Retail Space for Lease

Search 231 retail listings in Phoenix, AZ and find helpful local stats in the Market Overview section below.

1140 E Washington St

1140 E Washington St, Central City, Phoenix, AZ
Property

Retail

1,979 SF
Availability

1 Space

1,979 SF
For Lease Contact for pricing
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Mercury Center

3508 N 7th St, Encanto Village, Phoenix, AZ
Property

Office

20,694 SF
Availability

3 Spaces

4,588 SF
Year Built

1957
For Lease Contact for pricing
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1718-1726 E McDowell Road

1718-1726 E McDowell Road, Encanto Village, Phoenix, AZ
Property

Retail

7,140 SF
Availability

1 Space

1,100 SF
For Lease

$17.50/SF/YR
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1928 East Highland Avenue

1928 East Highland Avenue, Biltmore, Phoenix, AZ
Property

Retail

15,662 SF
Availability

1 Space

2,991 SF
For Lease Contact for pricing
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Plaza @ Mountainside

40th St. & Chandler Blvd., Ahwatukee Foothills, Phoenix, AZ
Property

Retail

131,621 SF
Availability

7 Spaces

12,635 SF
For Lease Contact for pricing
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3950 E Indian School Road

3950 E Indian School Road , East Phoenix, Phoenix, AZ
Property

Retail

13,855 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Westview Plaza

2929 North 75th Avenue, Maryvale, Phoenix, AZ
Property

Retail

94,328 SF
Availability

27 Spaces

94,328 SF
Year Built

1988
For Lease Contact for pricing
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Retail Space Rents in Phoenix, AZ

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Phoenix asks $17.01 per square foot.

Retail Space Lease Types in Phoenix, AZ

The most common type of lease agreement you’ll find here is NNN, with 99 space(s) available under this type of arrangement. The local market is also home to 19 retail space(s) offered under a Modified Gross lease agreement type, and 10 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Phoenix, AZ

NNN 99
Modified Gross 19
Full Service 10

Average Size of Retail Space for Lease in Phoenix, AZ

The average size for this type of rental opportunity in Phoenix is 1,000 sqft to 2,500 sqft. Currently, the local market offers 233 listing(s) within that size range. You can also search 96 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Phoenix, AZ

Retail space in Phoenix comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 17 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 3,715 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

The local market is also home to 12 space(s) listed as Street Retail. The average size you can expect to find for this category is 2,369 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Phoenix, AZ

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Alhambra is your top choice for lease opportunities, as it is currently home to the highest number of listings — 74 retail space(s).

Phoenix’s second most popular area is Deer Valley Village, where you can find 61 retail listing(s).

Maryvale is also among the best areas to search for your next commercial space. Here you can find 59 retail space(s) available for consideration by prospective tenants, of which 1 are Restaurant.

Top Locations to Lease Retail Space in Phoenix, AZ

Alhambra

Deer Valley Village

Maryvale

Paradise Valley Village

North Mountain Village

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

How much space do you think you will need? A smaller, more specialized business may find a mall space to be more than accommodating, but if you’re looking to set up a business like a diner, car wash, or furniture store, a freestanding space or big box retail space in a shopping center may be more appropriate.

Some properties also go the extra mile to become more environmentally friendly, which is often indicated by a LEED certification. The Phoenix real estate market is home to 1 LEED-certified retail building(s). This kind of space represents 0.34% of the city’s total retail real estate.

Distribution of LEED-Certified Retail Properties in Phoenix, AZ

LEED Silver

Data based on retail spaces listed for rent on CommercialSearch.com

Recent Retail Market News

CRC Buys Phoenix Power Center for $54M

This deal marks the company’s entrance in Arizona.

Thompson Thrift Breaks Ground on $225M Phoenix-Area Project

Plans call for a mix of retail, restaurant, hotel and multifamily space.

Whole Foods-Anchored Phoenix Retail Center Secures Refi

The grocery retailer is opening shop next year.

$145M Phoenix Retail Project Moves Forward

The development is part of a 600-acre master-planned campus.

Longpoint Acquires Phoenix Shopping Center

The property was 99 percent leased at the time of sale.

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Phoenix, AZ Retail Space for Lease

1140 E Washington St

Mercury Center

1718-1726 E McDowell Road

1928 East Highland Avenue

Plaza @ Mountainside

3950 E Indian School Road

Westview Plaza

Retail Space Rents in Phoenix, AZ

Retail Space Lease Types in Phoenix, AZ

Most Common Type of Lease for Retail Buildings in Phoenix, AZ

Average Size of Retail Space for Lease in Phoenix, AZ

Retail Space Types You Can Lease in Phoenix, AZ

Top Locations to Lease Retail Space in Phoenix, AZ

Top Locations to Lease Retail Space in Phoenix, AZ

Key Factors to Consider When Choosing a Retail Space for Lease

Distribution of LEED-Certified Retail Properties in Phoenix, AZ

Other Popular Searches

Popular Commercial Searches

Recent Retail Market News

CRC Buys Phoenix Power Center for $54M

Thompson Thrift Breaks Ground on $225M Phoenix-Area Project

Whole Foods-Anchored Phoenix Retail Center Secures Refi

$145M Phoenix Retail Project Moves Forward

Longpoint Acquires Phoenix Shopping Center

About Us

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