48th @ Alameda — Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Tempe, AZ
  • Size: 88,700 SF
  • Year built: 2025

Description

Market Context

This industrial in Tempe, AZ is listed for lease across 88,700 SF. The building dates to 2025. It has been on the market for 113 days. Compare it against other industrial listings for lease in Tempe, AZ — view the full market.

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

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).

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