Industrial Property for Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Phoenix, AZ 85017

Description

Industrial | For Sublease: 11,000 SF Industrial space for sublease at 3114 West Thomas Road in Phoenix. Suite 501 is available, consisting of ±11,000 square feet currently built out as an office/church space.Sublease opportunity t Key Facts Suite 501: ±11,000 SF Sublease Expiration: 10/31/2026 Grade-Level Doors: 2 Clear Height: 16 ft. Zoning: A-2, city of Phoenix Central Phoenix location with frontage on Thomas Road 100% HVAC Fire sprinklers: Wet Fire sprinklers: Wet Chris Reese Vice President Phoenix License #: SA684201000 +1 602 222 5089 Call Now +1 602 222 5089 +1 480 748 1834 Call Mobile +1 480 748 1834 License #: SA684201000

Market Context

This industrial in Phoenix, AZ is listed for lease. It has been on the market for 128 days. Compare it against other industrial listings for lease in Phoenix, AZ — <a href="/search/lease/industrial/arizona/phoenix">view the full market</a>.

As of Q1 2026, the Phoenix industrial market showed a 11.9% vacancy rate, average asking rents near $13.08/SF/yr, and rents up 14.4% year over year. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

Is the Phoenix industrial market tightening or softening?
Vacancy is around 11.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Very Low Confidence

$0.93/SF/mo – $1.25/SF/mo

Mid: $1.09/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market sacramento (similarity: 100%) with 6 comparable listings.

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