Tempe, AZ Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

359 Listings

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2 of 2
$1.45/SF/MO
455 S 48th St
455 S 48th St, Peterson Park, Tempe, AZ
Space Type
Industrial
1 space

2,498 SF
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$12.00/SF/YR
100% HVAC FORMER SEMICONDUCTOR LAB INDUSTRIAL FLEX SPACE
8930 S Beck Ave, Warner Ranch, Tempe, AZ
Space Type
Industrial
1 space

15,029 SF
1 of 3

2 of 3

3 of 3
Contact Brokers for Pricing
LDS Church Tempe Mission House
1875 E Del Rio Dr, Shalimar, Tempe, AZ
Property Type
Other
Built in 1969

4,933 SF
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2 of 4

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4 of 4
$32.00/SF/YR
The Groves Shopping Center
1050 West Elliot Road, Pepperwood, Tempe, AZ
Space Type
Retail
1 space

1,386 SF
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$1.30/SF/MO
250 W Baseline Rd
250 W Baseline Rd, Tempe Gardens, Tempe, AZ
Space Type
Industrial
1 space

2,048 SF
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$1.55 - $1.75/SF/MO
1835 E 6th St
1835 E 6th St, Hughes Acres, Tempe, AZ
Space Type
Industrial
10 spaces

1,225 - 2,960 SF
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$19.95/SF/YR
6101 S Rural Rd
6101 S Rural Rd, Optimist Park, Tempe, AZ
Space Type
Office
2 spaces

788 - 893 SF
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Price on request
999 Playa Del Norte
999 East Playa del Norte Drive, Hughes Acres, Tempe, AZ
Space Type
Office
3 spaces

10,574 - 27,947 SF
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$19.00/SF/YR
Agave Executive Center
1725 W Greentree Drive, Warner Ranch, Tempe, AZ
Space Type
Office
1 space

20,540 SF
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2 of 3

3 of 3
Price on request
1125 W Elliot Rd, Tempe, AZ 85284
1125 W Elliot Rd, Tempe, AZ 85284, Sandahl, Tempe, AZ
Space Type
Office
1 space

7,861 SF
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2 of 2
$1.50/SF/MO
449 S 48th St
449 S 48th St, Peterson Park, Tempe, AZ
Space Type
Industrial
1 space

676 SF
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6 of 6
$600.00 - $2,600.00/MO
2211 W 1st St
2211 W 1st St, Peterson Park, Tempe, AZ
Space Type
Industrial
3 spaces

1,300 - 1,635 SF
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Price on request
2850 South Roosevelt Street
2850 South Roosevelt Street, Peterson Park, Tempe, AZ
Space Type
Industrial
1 space

35,525 SF
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4 of 4
$43.50/SF/YR
Playa Del Norte
999 E Playa Del Norte, Hughes Acres, Tempe, AZ
Space Type
Office
3 spaces

3,653 - 11,542 SF
1 of 3

2 of 3

3 of 3
Price on request
5130 S McClintock Dr
5130 S McClintock Dr, Tempe Gardens, Tempe, AZ
Space Type
Retail
1 space

3,143 SF
1 of 1
$425,000
1015 S Farmer Ave
1015 S Farmer Ave, Peterson Park, Tempe, AZ
Property Type
VacantLand
Built in 1930

1,409 SF
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$20.00 - $24.00/SF/YR
The Access - Retail Shop Space Near ASU
1811 E Apache Blvd, Hughes Acres, Tempe, AZ
Space Type
Retail
4 spaces

1,200 - 2,600 SF
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2 of 4

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4 of 4
$64.00/SF/YR
Hayden Ferry Lakeside II
60 East Rio Salado Pkwy, Hughes Acres, Tempe, AZ
Space Type
Office
3 spaces

3,398 - 15,482 SF
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$1.55/SF/MO
3202 S Fair Ln
3202 S Fair Ln, Peterson Park, Tempe, AZ
Space Type
Industrial
1 space

2,400 SF
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5 of 5
Price on request
Discovery Business Campus - Northern Trust II
2190 East Elliot Road, Camelot Village, Tempe, AZ
Space Type
Office
1 space

14,592 SF
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2 of 5

3 of 5

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5 of 5
$22.00/SF/YR
Valley Plaza
3115 South McClintock Drive, Shalimar, Tempe, AZ
Space Type
Retail
1 space

4,074 SF
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$16.00/SF/YR
6463-6485 S Rural Rd
6463-6485 S Rural Rd, Bell de Mar Crossing, Tempe, AZ
Space Type
Industrial
1 space

5,854 SF
1 of 1
$1,550,000
Daycare Investment
2111 & 2121 E Broadway Rd, Shalimar, Tempe, AZ
Property Type
Other
9,251 SF
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$1.30 - $1.35/SF/MO
6100 S Maple Ave
6100 S Maple Ave, Pepperwood, Tempe, AZ
Space Type
Industrial
4 spaces

1,686 - 1,992 SF
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3 of 3
$22.50/SF/YR
8747 S Priest Dr, Ste 102
8747 S Priest Dr Ste 102, Sandahl, Tempe, AZ
Space Type
Office
1 space

1,536 SF
1 of 3

2 of 3

3 of 3
Price on request
Research Corporate Center
2085 E Technology Cir, Sandahl, Tempe, AZ
Property Type
Office
Built in 1987

48,570 SF
1 of 3

2 of 3

3 of 3
Price on request
55th St & Broadway Rd
55th St & Broadway Rd, Peterson Park, Tempe, AZ
Space Type
Retail
1 space

1,277 SF
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2 of 3

3 of 3
$42.00 - $44.00/SF/YR
Papago Spectrum
1225 West Washington Street, Rio, Tempe, AZ
Space Type
Office
8 spaces

3,093 - 43,837 SF
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$1,190,000
428 E Southern Ave
428 E Southern Ave, Peterson Park, Tempe, AZ
Property Type
Office
Built in 1980

3,916 SF
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$22.00 - $28.00/SF/YR
Fountainhead Corporate Park - Park Bridge
1501 West Fountainhead Pkwy, Peterson Park, Tempe, AZ
Space Type
Office
2 spaces

6,031 - 28,391 SF
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2 of 3

3 of 3
$1.46/SF/MO
1415 E University Dr
1415 E University Dr, Hughes Acres, Tempe, AZ
Space Type
Industrial
1 space

1,298 SF
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2 of 2
$15.00/SF/YR
2428 E Apache, Mixed Use Space
2428 E Apache Blvd, Hughes Acres, Tempe, AZ
Space Type
Office
1 space

1,895 SF
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$1.25/SF/MO
1403 W 10th Pl
1403 W 10th Pl, Peterson Park, Tempe, AZ
Space Type
Industrial
1 space

2,280 SF
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$18.50/SF/YR
Scottsdale Road Industrial
910 N Scottsdale Rd, Rio, Tempe, AZ
Space Type
Industrial
1 space

2,072 SF
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5 of 5
$19.00/SF/YR
Liberty Center at Rio Salado
1870 W Rio Salado Parkway, Peterson Park, Tempe, AZ
Space Type
Office
1 space

236,130 SF
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$1.50/SF/MO
621 S 48th St
621 S 48th St, Peterson Park, Tempe, AZ
Space Type
Industrial
2 spaces

1,787 - 1,920 SF
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Price on request
Tempe Southern Business Center
1156 West Southern Avenue, Peterson Park, Tempe, AZ
Space Type
Industrial
3 spaces

4,971 - 6,901 SF
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Price on request
The Circuit
615 S River Drive, Hughes Acres, Tempe, AZ
Property Type
Office
Built in 2015

185,000 SF
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3 of 3
$1.25/SF/MO
1828 E University Dr
1828 E University Dr, Hughes Acres, Tempe, AZ
Space Type
Industrial
2 spaces

1,300 - 3,654 SF
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2 of 4

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4 of 4
Price on request
8140 South Hardy Drive
8140 South Hardy Drive, Sandahl, Tempe, AZ
Space Type
Office
1 space

61,997 SF

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Tempe, AZ Commercial Real Estate Market Overview: Key Trends & Insights

Tempe has 6.9 million square feet of commercial real estate inventory as of 2026. This inventory is distributed across more than 300 properties.

This overview provides a snapshot of the Tempe commercial sector, highlighting the most important aspects and trends to guide you through the local landscape, whether you are looking to lease or invest in local CRE assets.

Commercial Space for Rent in Tempe, AZ

Based on the latest estimates, Tempe, AZ offers more than 300 commercial listings for lease, totaling about 6.9 million square feet.

Current leasing options comprise 112 office listings, which represent approximately 37.46% out of the total leasing inventory. There are also 122 industrial and warehouse listings, making up 40.80% of the total. Additionally, 65 retail listings make up 21.74% of the local leasing market. These types are supplemented by 4 listings for lease belonging to other commercial types.

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 112 10,158,683 $29.83

Retail 65 2,651,179 $21.45

Industrial 122 6,881,756 $16.21

Other 4 98,724 N/A

Commercial Real Estate for Sale in Tempe, AZ

As of 2026, Tempe, AZ has a total of 48 commercial real estate properties for sale.

This inventory includes 18 office assets, 10 industrial facilities and 7 retail properties available for purchase.

The largest share is held by Office, with 37.50% out of local properties for sale belonging to this asset type. Industrial has the next largest share at 20.83%, while Retail makes up 14.58% of commercial properties for sale in Tempe.

Property type No. of Listings Total Sq. Ft.

Office 18 10,158,683

Retail 7 2,651,179

Industrial 10 6,881,756

Other 13 218,153

Leading Commercial Real Estate Submarkets by Property Type in Tempe, AZ

The leading commercial real estate submarkets for different property types in Tempe are:

Office: Peterson Park with 61 office listings, totaling 1,030,641 square feet.
Industrial: Peterson Park with 154 industrial listings, totaling 1,362,788 square feet.
Retail: Hughes Acres with 36 retail listings, totaling 176,515 square feet.