Industrial Space for Sublease in Metro Phoenix — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Phoenix, AZ 85034

Description

Industrial | For Sublease: 18,000 SF Industrial space for sublease at 1515 East Hadley Street in Phoenix. Suite 100 is available, consisting of ±18,000 square feet.The master lease expired September 30, 2027. Lease rate is $1.10 p Key Facts Suite 100: ±18,000 SF Lease Rate: $1.10 PSF/month, IG Master Lease Expires: 9/30/27 Dock High: Three Drive-Ins: One (12 ft. x 10 ft.) Clear Height: 30 ft. Power: 600 amps, 3 phase Zoning: A-2, city of Phoenix

Market Context

This industrial in Phoenix, AZ is listed for lease. It has been on the market for 175 days. Compare it against other industrial listings for lease in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix industrial market showed an 11.9% vacancy rate, average asking rents near $13.08/SF/yr, and rents up 14.4% year over year. Source: multiple brokerage reports, Q1 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 11.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.06/SF/mo – $1.44/SF/mo

Mid: $1.25/SF/mo

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

Based on comparable properties in similar markets rather than local sales.

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