Tempe, Arizona, is a hub for education, commerce, and entertainment, making it an ideal location for a Commercial Real Estate Property For Lease. With Arizona State University's main campus situated in the city, Tempe attracts a diverse population of students, professionals, and entrepreneurs. The city's infrastructure, including Valley Metro Rail and Orbit neighborhood circulator service, freeways, and airports, provides easy access to the surrounding areas. Additionally, Tempe is home to various cultural and entertainment venues, such as the Tempe Center for the Arts, Tempe History Museum, and Mill Avenue, which offer a unique blend of art, music, and recreation. With companies like DriveTime, Carvana, GoDaddy, and NortonLifeLock headquartered in Tempe, the city's economy is thriving, making it an attractive location for businesses looking to establish a presence.
Tempe offers a range of Commercial Real Estate Properties For Lease, with 375 listings available. These properties offer a variety of options, including Office Space, Coworking Space, Retail Space, and Industrial Space. Office Space in Tempe is ideal for businesses looking to establish a professional presence, with average annual rent per square foot of $21 USD. Coworking Space is also available, offering a collaborative and flexible work environment. Retail Space in Tempe is perfect for businesses looking to capitalize on the city's vibrant shopping scene, with average size of 12,916 square feet. Industrial Space is also available, with options ranging from 10 to 372,408 square feet. Overall, Tempe's Commercial Real Estate Properties For Lease offer a unique blend of location, amenities, and opportunities, making it an attractive location for businesses of all sizes.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Tempe, Arizona, there are several key factors to consider, including:
- Location: proximity to major transportation hubs like Phoenix Sky Harbor International Airport and Phoenix-Mesa Gateway Airport, as well as access to major roads like Interstate 10, Loop 202, and Loop 101, can impact the success of your business.
- Space and amenities: with an average annual rent of $21 USD per square foot and average space size of 12,916 square feet, you'll want to ensure the property meets your business needs, including maximum space size of 372,408 square feet.
- Local economy and demographics: Tempe's diverse economy, with major industries in technology, finance, retail, and manufacturing, as well as a population of around 180,000, can provide opportunities for businesses to grow and thrive.
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 Tempe, Arizona requires careful consideration of several factors. With 375 available listings of commercial real estate for lease, you'll want to narrow down your options by assessing your business requirements and priorities.
- First, calculate your required square footage by considering the number of employees, equipment, and inventory you'll need to accommodate, as well as any specific layout or design requirements. For example, the average size of commercial properties for lease in Tempe is 12,916 square feet, but you may need more or less space depending on your business needs.
- Next, think about the type of commercial property that best suits your business, such as office space, retail, industrial, or warehouse. Consider factors like location, accessibility, and amenities, as well as any specific zoning or regulatory requirements.
- Finally, research the local market to determine a fair and competitive rent for your desired property type and size. In Tempe, the average annual rent per square foot is $21 USD, but this can vary depending on the location, condition, and amenities of the property.
