Cold Storage/ Food Service Facility — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Phoenix, AZ 85043

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Cold Storage/ Food Service Facility — Lease in Phoenix, AZ, photo 1 of 2
Cold Storage/ Food Service Facility — Lease in Phoenix, AZ, photo 2 of 2

Description

195,441 SF Fully Racked Cold Storage Facility For Lease The property features 144,849 square feet of fully racked freezer and cooler distribution space with ±16,560 pallet positions. The facility operates with two independent ammonia refrigeration systems capable of variable temperatures to accommodate all types of refrigerated and frozen food products.

Market Context

This industrial in Phoenix, AZ is listed for lease. Compare it against other industrial listings for lease in Phoenix, AZ — view the full market.

As of Q2 2026, the Phoenix industrial market showed an 11.4% vacancy rate, average asking rents near $13.62/SF/yr, and rents up 2.8% year over year. Source: multiple brokerage reports, Q2 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 11.4%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$1.07/SF/mo – $1.45/SF/mo

Mid: $1.26/SF/mo

Based on comparable properties in similar markets rather than local sales.

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