Desert Vista Commerce Center — Lease in Tempe, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Tempe, AZ 85284

Description

Strategically located with frontage off Hardy Drive, immediate access to Interstate 10, and in proximity to Loop 101 and the Sky Harbor Airport.

Market Context

This industrial in Tempe, AZ is listed for lease. It has been on the market for 53 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).

Estimated Market Rate

$1.06/SF/mo – $1.44/SF/mo

Mid: $1.25/SF/mo

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

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

Contact

Explore this market

Similar Industrial Property for Lease in Tempe, AZ