Phoenix Commercial Retail Property Market Reports

Retail Market Conditions

Retail investment sales through July 2019 totaled $438.97 million, consisting of 49 retail properties and averaging $176 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Retail Historical Sales, 2006 - July 2018

Historical Industrial Sales
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Key Indicators (as of 2Q2019 relative to prior period)

Retail
Vacancy

7.3%

Lease
Rates

$15.38

Net
Absorption

49,068

Construction
Completions

117,833
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