Arizona Center — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Phoenix, AZ 85004
  • Size: 112,290 SF
  • Year built: 1989

Description

Market Context

This retail in Phoenix, AZ is listed for lease across 112,290 SF. The building dates to 1989. It has been on the market for 114 days. Compare it against other retail listings for lease in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix retail market showed a 4.8% vacancy rate, and average asking rents near $19.00/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Phoenix retail market tightening or softening?
Vacancy is around 4.8% (Q1 2026).

Estimated Market Rate

$0.79/SF/mo – $1.07/SF/mo

Mid: $0.93/SF/mo

Estimated total for 112,290 SF: $104,430 per month

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

Explore this market

Similar Retail Business for Lease in Phoenix, AZ