Industrial Average Rent Costs in Phoenix, AZ
The average asking rent for industrial space in Phoenix is $15.39 per square foot based on our latest listing data.
Rents here range between $9.6 and $20.4 per square foot.
Available Industrial Inventory in Phoenix, AZ
There are currently 287 industrial properties listed for lease in Phoenix, totaling 11,537,105.2 square feet.
The average size of an industrial property listed for lease here is 30,146 square feet.
Listed properties range from 1 to 557,760 square feet.
No. of Listings
Total Space (Sq. Ft.)
Average Size (Sq. Ft.)
Space Range (Sq. Ft.)
287
11,537,105.2
30,146
1 - 557,760
Types of Industrial Properties for Lease in Phoenix, AZ
The most common industrial property type currently listed in Phoenix is Warehouse/Distribution with 167 currently on PropertyShark.
Space sizes for this property type start at 903 square feet, while the maximum size of a space in this category is 557,760 square feet.
The Phoenix industrial market is also home to Flex - Industrial 24 listings, which offer space between 1,617 and 59,914 square feet.
There are also 12 Manufacturing spaces here.
Property sizes in this category start at 6,167 square feet, reaching up to 148,689 square feet.
Use Type
No. of Listings
Total Sq.Ft.
Warehouse/Distribution
167
8,497,316
Flex - Industrial
24
200,562
Manufacturing
12
451,067
Flex - Office
6
49,673
Industrial-Business Park
2
8,341
Quality Industrial Space in Phoenix, AZ
Phoenix currently offers 19 listings for industrial space classed A or A+, totaling 67,097,290 square feet of space. Class A space is the best a market can offer, being located in prime locations with excellent accessibility and state-of-the-art features.
Average rents for Class A industrial space in Phoenix ranges from $15 to $17.4.
The market also houses 34 listings for Class B space, which can offer competitive prices in conjunction with advantageous characteristics.
Additionally, you can find 28 listings for industrial space listed as Class C, which may trade off some modern amenities in exchange for lower costs.
Industrial Buildings in Phoenix, AZ by Completion Year
- Before 1950
34
- 1950 - 2000
863
- After 2000
387
Industrial Space in Phoenix, AZ by Completion Year
- Before 1950
3,102,110 Sq.Ft.
- 1950 - 2000
72,761,874 Sq.Ft.
- After 2000
71,139,010 Sq.Ft.
The data presented in this table was collected based on industrial spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.
Property Class
Min. Rental Rate
Max. Rental Rate
Class A Industrial Properties
$15
$17.4
Class B Industrial Properties
$10.2
$17.4
Class C Industrial Properties
$13.2
$18.6
Approximately 30% of industrial properties in Phoenix were built since the year 2000, generally indicating higher quality amenities and potential for savings in maintenance costs.
Top Neighborhoods for Industrial Space in Phoenix, AZ
South Mountain Highland Terrace currently has the most industrial space for lease out of all of Phoenix’s neighborhoods with 108 listings, totaling 1,940,412 square feet.
Other neighborhoods in the city for industrial leasing opportunities include:
- Deer Valley Village, with a total of 75 listings, adding up to 1,631,904 square feet.
- Estrella Village, with 61 listings, which total 3,854,711 square feet.
Neighborhood
No. of Listings
Total Listings Sq. Ft.
South Mountain Highland Terrace
108
1,940,412
Deer Valley Village
75
1,631,904
Estrella Village
61
3,854,711
Central City
55
1,070,376
Maryvale
41
1,929,996