Industrial-Flex Space for Sublease in Tempe — Lease in Tempe, AZ

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

Photos

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Industrial-Flex Space for Sublease in Tempe — Lease in Tempe, AZ, photo 3 of 3

Description

Industrial | For Sublease: 6,867 SF Industrial/flex space for sublease in 1231 West Warner Road in Tempe, Arizona. Suite 103 is available, consisting of ±6,867 square feet. Lease rate is $1.09 per square foot, NNN. Key Facts Lease Rate: $1.09 PSF, NNN Suite 103: ±6,867 SF Parking Ratio: 5/1,000 Clear Height: 18’ Year Built: 2001

Market Context

This industrial in Tempe, AZ is listed for lease. Compare it against other industrial listings for lease in Tempe, 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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