Industrial Space for lease in Phoenix

Why implement your industrial space in Phoenix? 

Phoenix is a prime destination for industrial space leasing, offering a dynamic and thriving market for businesses in need of warehouse, distribution, manufacturing, or logistics facilities. With its strategic location in the Southwest region, Phoenix serves as a transportation and distribution hub, providing convenient access to major markets in the western United States. 

The city's robust infrastructure, including a well-developed highway system and proximity to major airports and rail lines, further enhances its appeal for industrial operations. Phoenix also boasts a growing economy and a diverse range of industries, attracting businesses from sectors such as e-commerce, automotive, aerospace, and technology. 

The availability of modern industrial facilities, including spacious warehouses, flexible industrial parks, and advanced logistics centers, accommodates the evolving needs of businesses seeking efficient and scalable spaces. Combined with a favorable business environment, competitive leasing rates, and a skilled workforce, Phoenix presents a compelling choice for companies looking to lease industrial space and thrive in a vibrant and strategically advantageous location.

Considering industrial space in Phoenix? Our team is here to help you locate the perfect facility to meet your business needs.

How much does it cost to rent an industrial space in Phoenix?

The cost of renting an industrial space in Phoenix can vary depending on factors such as location, size, condition, and amenities. Here are some general estimates of the average rental costs for industrial spaces in Phoenix:

• Warehouse Space: The average rental rate for warehouse space in Phoenix can range from $0.50 to $1.50 per square foot per month. However, larger and more specialized spaces may have higher rates.
• Flex Space: Flex spaces, which combine office and warehouse areas, generally have higher rental rates compared to standalone warehouses. The average rental rate for flex space in Phoenix can range from $1.00 to $2.50 per square foot per month.
• Manufacturing Space: Rental rates for manufacturing space in Phoenix can vary based on factors such as the level of customization and infrastructure requirements. Average rental rates can range from $1.00 to $3.00 per square foot per month.

To read: our Phoenix MarketBeat Office report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Phoenix?

While it's challenging to predict the future with certainty, several factors suggest that industrial space rents in Phoenix may continue to experience upward pressure.

What is the average size of available industrial space in Phoenix?

The average size of available industrial space in Phoenix varies significantly, catering to a wide array of business needs. Phoenix's industrial market is diverse, with spaces ranging from small units suitable for startups and small businesses to expansive warehouses and distribution centers ideal for large-scale operations. The city's industrial spaces are designed to accommodate various industries, including manufacturing, logistics, and technology. Businesses can find spaces that offer flexibility in layout and size, ensuring they can tailor their environment to suit specific operational requirements. The availability of different sizes allows companies to scale their operations efficiently as they grow.

What types of industrial properties are available for lease in Phoenix?

Phoenix offers a diverse selection of industrial properties for lease, each designed to meet the unique needs of different industries. The city's industrial real estate market includes warehouses, distribution centers, manufacturing facilities, and flex spaces. Warehouses in Phoenix are equipped with modern amenities and infrastructure to support efficient storage and distribution operations. Distribution centers are strategically located to facilitate easy access to major transportation routes, ensuring seamless logistics operations. Manufacturing facilities in Phoenix are designed to accommodate various production processes, with features such as high ceilings, heavy power supply, and ample loading docks. Flex spaces offer a combination of office and industrial space, providing versatility for businesses that require both administrative and operational areas.

What features should I look for in a Phoenix warehouse lease?

When considering a warehouse lease in Phoenix, several key features should be taken into account to ensure the space meets your business needs. Firstly, location is crucial; proximity to major transportation routes such as highways, railways, and airports can significantly impact your logistics efficiency. Look for warehouses with ample loading docks and high ceilings to accommodate large shipments and facilitate easy movement of goods. Adequate power supply and modern infrastructure are essential for supporting your operations, especially if your business involves manufacturing or heavy machinery. Additionally, consider the availability of office space within the warehouse for administrative functions. Security features, such as surveillance systems and secure access, are also important to protect your inventory and assets. Lastly, ensure the lease terms offer flexibility to accommodate future growth or changes in your business operations.

Popular neighborhoods in Phoenix

When it comes to leasing industrial space in Phoenix, several neighborhoods stand out as popular options. Here are a few:

• West Phoenix: This area is known for its industrial parks and warehousing facilities. It offers convenient access to major highways and transportation routes, making it an attractive location for distribution and logistics operations.
• Sky Harbor/Airport Area: Located near Phoenix Sky Harbor International Airport, this neighborhood is ideal for businesses with transportation and freight needs. It offers proximity to the airport's cargo facilities and excellent connectivity to major highways.
• Deer Valley: Situated in the northern part of Phoenix, Deer Valley is home to a mix of industrial parks and manufacturing facilities. It provides a diverse range of industrial spaces and is known for its accessibility and convenient proximity to major transportation routes.
• South Phoenix: This area offers a mix of industrial and commercial spaces, making it suitable for various industries. It has good connectivity to major highways and is in close proximity to downtown Phoenix.
• East Valley (Mesa, Chandler, Gilbert): Although not technically part of Phoenix, the cities in the East Valley area, such as Mesa, Chandler, and Gilbert, have seen significant industrial development. They offer a range of industrial parks and facilities, attracting businesses from various sectors.

Getting to and from Phoenix

There are several ways to get to and from Phoenix, depending on your location and preferred mode of transportation.

• By Air: Phoenix Sky Harbor International Airport is the primary gateway to the city and offers non-stop flights to many major cities in the US and around the world.
• By Car: Phoenix is easily accessible via the major highways, including Interstate 10 and 17, which connect the city to other major cities in the region.
• By Public Transportation: Phoenix has a robust public transportation system that includes light rail, bus services, and bike-sharing programs, which provide convenient and affordable options for getting around the city.
• By Shuttle Service: Several shuttle services operate between Phoenix and nearby cities, such as Sedona and Flagstaff, providing a convenient and affordable option for travelers.
• By Train: The Amtrak Southwest Chief route passes through several cities in Arizona, including Flagstaff and Winslow, with a stop in Albuquerque, New Mexico, providing another option for travelers.

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