Arizona Commercial Real Estate Market Report

As of September 2026 · 1,075 active listings across 119 cities

Active listings
1,075
For sale
1,075
Median asking price
$1.2M
Avg. advertised cap rate
6.25%
New in last 30 days
0
Submarkets
119
Inventory by property type
  • Retail301 · 28%
  • Land291 · 27%
  • Office162 · 15%
  • Multifamily123 · 11%
  • Industrial111 · 10%
  • Mixed Use18 · 2%
  • Special Purpose18 · 2%
  • Business for Sale16 · 1%
Asking price distribution (for sale)
Low $410Median $1.2MHigh $33M

Based on 796 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days1,075
  • Sold or leased (180 days)13

Market analysis — September 2026

Commrty is tracking 1,075 active commercial real estate listings in Arizona. The deepest inventory sits in retail (301), land (291), office (162).

Across listings that disclose pricing, the median asking price is $1.2M, the median advertised cap rate is 6.25%.

0 listings were added in the last 30 days and 1,075 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.