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Industrial and warehouse spaces in Phoenix are crucial for logistics and distribution, leveraging the city’s connectivity to major highways and its role as a transportation hub for the Southwest. Lease terms for industrial and warehouse spaces in Phoenix reflect a balanced approach, with 3-5 year leases being the most common at 28.37%. Medium-term leases (1-2 years) make up 22.52%, while long-term leases of 5+ years account for 32.98%. Short-term leases of less than one year make up 5.85%, indicating that some businesses prioritize maintaining operational flexibility. Key industrial areas include West Phoenix and the Airport Gateway, where proximity to major transportation routes enhances operational efficiency. As the e-commerce sector continues to expand, these industrial spaces are expected to see sustained growth.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Glendale | 3,500 | $1.09 / SF | < 30 |