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Phoenix Commercial Retail Property Market Reports

Retail Market Conditions

Retail investment sales through December 2021 totaled $1.34 billion, consisting of 130 retail properties and averaging $161 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 3Q2021 relative to prior period)

Retail
Vacancy

7.2%

Lease
Rates

$14.94

Net
Absorption

286,386

Construction
Completions

66,910

Phoenix Retail Market Reports

Phoenix Investment Sales, 2021 3Q Report

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Phoenix Investment Sales, Year End Report

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The Colliers 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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