Office Buildings for Sale or Lease in Phoenix — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85008

Description

Office For Lease | 13,009 SF For Sale | Building Size: 13,009 SF Office buildings for sale or lease at 3118 East McDowell Road in Phoenix. Buildings total ±13,009 rentable square feet. Key Facts Building A: ±10,005 RSF Building B: ±3,004 RSF Parking: 5.88/1,000

Market Context

This office in Phoenix, AZ is listed for lease. It has been on the market for 176 days. Compare it against other office listings for lease in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$2.85/SF/mo – $3.85/SF/mo

Mid: $3.35/SF/mo

Cost-of-business estimate only; rate estimator unavailable.

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

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