Industrial Property for Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Tempe, AZ 85283

Description

Kyrene Commons

Market Context

This industrial in Tempe, AZ is listed for lease. It has been on the market for 148 days. Compare it against other industrial listings for lease in Tempe, AZ — <a href="/search/lease/industrial/arizona/tempe">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

$0.88/SF/mo – $1.18/SF/mo

Mid: $1.03/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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