Canyon 17 - The Meritex Company — Lease in Phoenix, AZ
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Phoenix, AZ 85021
- Size: 15,755 SF
Photos

Description
Unveiling an exceptional leasing opportunity at 10400 N 25th Ave, Phoenix, AZ. This premier property offers a versatile space perfectly tailored for a variety of business requirements. Boasting contemporary architecture, a spacious layout, and abundant natural light, it provides an inviting and vibrant ambiance for employees and clients. The adaptable floor plan allows for seamless customization, while ample parking and convenient access ensure a positive experience for all visitors. Positioned in a high-visibility location, this property offers an unparalleled chance to establish or expand your business in a thriving commercial setting. Embrace the potential of this impressive space and propel your enterprise toward new horizons.
Market Context
This industrial in Phoenix, AZ is listed for lease across 15,755 SF. Compare it against other industrial listings for lease in Phoenix, AZ — view the full market.
As of Q2 2026, the Phoenix industrial 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.
Industrial market FAQ
- Is the Phoenix industrial market tightening or softening?
- Vacancy is around 11.4%, with asking rents rising year over year (Q2 2026).
Estimated Market Rate
$1.07/SF/mo – $1.45/SF/mo
Mid: $1.26/SF/mo
Estimated total for 15,755 SF: $19,851 per month
Based on comparable properties in similar markets rather than local sales.
Contact
- Keri Scott · 1602386-7153 · keri.scott@nmrk.com
- Keri Scott · 1602386-7153 · keri.scott@nmrk.com
- Alex Kas-Marogi · 1248881-6376 · alex.kas-marogi@nmrk.com
Explore this market
Similar Industrial Property for Lease in Phoenix, AZ
- Innovate48 — Contact for price · Phoenix, AZ
- Grand Forty Five Gateway — Contact for price · Phoenix, AZ
- TRI-TEMP DISTRIBUTION FACILITY (COLD STORAGE) — Contact for price · Phoenix, AZ
- 5522 W Roosevelt St - Bldg A — Contact for price · Phoenix, AZ
- Granite Commerce Center — Contact for price · Phoenix, AZ
- Southwest Industrial Center — Contact for price · Phoenix, AZ