Phoenix, Arizona Commercial Real Estate Market Report

The Phoenix commercial real estate market currently features 208 active listings exclusively for sale on the Commrty platform. This inventory reflects the broad economic diversity of the region, which is anchored by its position as a major desert metropolitan hub served by a dense network of interstate highways. All of these listings were added to the marketplace within the previous 90-day window, representing the current active scope of available properties across the metro area. There have been no new listings added in the last 30 days, and transaction activity remains measured with two properties moving off the platform in the last 180 days. Investors reviewing the market for pricing find a wide range of options, with asking sale prices stretching from $75,000 to $23,000,000. Among the 142 listings that have published a specific asking price, the median price sits at $1,500,000. Properties currently listed on the site are carrying a median advertised cap rate of 6.00 percent. These figures provide a baseline for capital requirements and potential return expectations for those evaluating assets within the Phoenix market. The inventory is heavily weighted toward retail and multifamily assets, which account for 59 and 50 listings respectively. Office and industrial spaces follow with 38 and 34 listings, while land, business for sale, mixed use, and self-storage properties make up the remainder of the available stock. This diverse composition allows buyers to target specific asset classes suited to the needs of the regional economy, ranging from neighborhood retail services to multi-unit housing solutions. Investors can utilize these active listings to gauge the volume and distribution of available inventory currently listed on Commrty.