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Phoenix Commercial Retail Property Market Reports

Retail Market Conditions

Retail investment sales through April 2021 totaled $401 million, consisting of 35 retail properties and averaging $142 per square foot (based on sales of more than $1 million and greater than 20,000 square feet).

Retail historical sales

Historical Retail Sales
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Key Indicators (as of 1Q2021 relative to prior period)

Retail
Vacancy

7.7%

Lease
Rates

$14.75

Net
Absorption

246,897

Construction
Completions

231,020
Phoenix Retail Market Reports

Phoenix Investment Sales, 2021 1Q Report

Phoenix Investment Sales 1Q 2021 Report

Phoenix Investment Sales, Year End Report

2020 Year End Report

The Colliers International Investment Team provides timely, accurate and comprehensive property and market analysis for office, retail and industrial properties throughout metropolitan Phoenix. Our mission is to inform and educate the buyers and sellers of commercial real estate in the 13th largest metropolitan area in the United States. For custom or submarket-specific analytics and property-level evaluations, please contact any member of our team.

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