48th @ Alameda — Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Business
  • Location: Tempe, AZ 85282

Market Context

This warehouse distribution in Tempe, AZ is listed for lease. Compare it against other warehouse distribution listings for lease in Tempe, AZ — view the full market.

As of Q2 2026, the Phoenix warehouse distribution market showed an 11.4% vacancy rate, average asking rents near $13.62/SF/yr, and rents up 2.8% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Warehouse distribution market FAQ

Is the Phoenix warehouse distribution market tightening or softening?
Vacancy is around 11.4%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$0.95/SF/mo – $1.29/SF/mo

Mid: $1.12/SF/mo

Explore this market

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