Phoenix, Arizona, a hub for business and travel, offers a unique blend of amenities, infrastructure, and geography that makes it an ideal location for a Commercial Real Estate Property For Lease. With its strong economy, diverse industries, and high population of around 1.7 million, Phoenix provides a thriving environment for businesses to grow and succeed. The city's grid-like street layout and wide roadways make it easy to navigate, and its proximity to major transportation facilities, including Phoenix Sky Harbor International Airport, Phoenix-Mesa Gateway Airport, and major highways, ensures convenient access to local and international markets.
As a prime location for Commercial Real Estate, Phoenix offers a range of options, including Office Space, Coworking Space, Retail Space, and Industrial Space. The city's diverse economy, driven by industries such as real estate, finance, manufacturing, retail, and healthcare, creates a high demand for these property types. With 500 Commercial Real Estate Properties For Lease available, businesses can find the perfect space to suit their needs. The average annual rent per square foot is $25 USD, and the average size of these properties is 17,460 square feet, with a maximum space size of 5,009,400 square feet. Whether you're looking for a small office space or a large industrial facility, Phoenix has something to offer. With its unique blend of amenities, infrastructure, and geography, Phoenix is an attractive location for businesses and investors alike.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Phoenix, there are several key factors to consider, including:
- Location, as proximity to major transportation hubs like Phoenix Sky Harbor International Airport and access to amenities like hospitals, universities, and recreational areas can impact foot traffic and employee convenience;
- Space requirements, as the average size of available commercial real estate listings in Phoenix is 17,460 square feet, with a maximum space size of 5,009,400 square feet, and an average annual rent of $25 USD per square foot;
- Infrastructure and zoning regulations, as Phoenix's grid-like street layout and wide roadways can facilitate easy navigation, but may also impact the type of business that can be operated in a given area, with 500 available listings to choose from.
How do I determine the right size and type of commercial property to rent for my business needs?
Determining the right size and type of commercial property to rent for your business needs in Phoenix, Arizona requires careful consideration of several factors. With 500 available listings of commercial real estate to choose from, it's essential to assess your business requirements and priorities to find the perfect fit.
- First, calculate your required square footage by considering the number of employees, equipment, and inventory you need to accommodate, as well as any specific layout or design requirements. For example, the average size of commercial real estate for lease in Phoenix is 17,460 square feet, but you may need more or less space depending on your business needs.
- Next, identify the type of commercial property that best suits your business, such as office, retail, industrial, or warehouse space. Consider factors like location, accessibility, and amenities, as well as the average annual rent per square foot, which is currently $25 USD in Phoenix.
- Finally, think about the maximum space size you need, which in Phoenix can range up to 5,009,400 square feet, and prioritize features like natural light, parking, and proximity to public transportation, major highways, and amenities like restaurants, shops, and entertainment options.
