Phoenix Retail Space for Rent
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Renting Retail Space in Phoenix
Retail and storefront spaces in Phoenix are vital to the city’s economic framework, supporting both local businesses and national brands. Lease terms for retail and storefront spaces in Phoenix generally favor longer commitments, with 3-5 year leases making up 31.73%. Medium-term leases (1-2 years) make up 22.96%, while long-term leases of 5+ years account for 22.18%. Short-term leases of less than one year make up 6.19%, indicating that some businesses are cautiously testing new locations before committing long term.like Downtown and the Biltmore District. As the city’s population continues to grow, retail spaces that cater to diverse consumer needs are expected to remain in demand.
About TenantBase
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.
Suite Rates in Phoenix
Suite Sizes in Phoenix
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Glendale | 2,800 | $1.42 / SF | 46 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.