Phoenix Commercial Retail Property Market Reports

Retail Market Conditions

Retail investment sales through January 2020 totaled $137.9 million, consisting of 11 retail properties and averaging $152 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Retail--Historical-Sales

Historical Industrial Sales
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Key Indicators (as of 3Q2019 relative to prior period)

Retail
Vacancy

7.0%

Lease
Rates

$15.40

Net
Absorption

262,130

Construction
Completions

90,800
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