City North Market — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Phoenix, AZ 85054

Description

Commercial property listing from JLL. Property: City North Market.

Market Context

This retail in Phoenix, AZ is listed for lease. It has been on the market for 167 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

$0.81/SF/mo – $1.09/SF/mo

Mid: $0.95/SF/mo

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

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