Phoenix, AZ industrial market
Phoenix industrial fundamentals are stabilizing as strong tenant absorption catches up with recent construction deliveries. Recent sales across warehouse and distribution assets show pricing typically ranging from $104 to $213 per square foot depending on building age, clear height, and yard coverage. No specific street address was provided, so valuation metrics reflect citywide industrial benchmarks across the central and western corridors.
What's driving Industrial prices in Phoenix
Industrial values have stabilized with modest single-digit growth following absorption of prior record speculative deliveries.
- Easing supply pipeline following heavy speculative deliveries
- Sustained tenant demand from semiconductor and advanced logistics users
- Stronger rent premiums on infill and small-to-mid bay warehouse assets
Market intelligence
Tracking this market since Aug 2026 · 15 comps · 12-month median $209/SF · latest deal Jul 2026.
This quarter: 0 comps added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum FlatPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned. The shaded area is Phoenix's municipal boundary, coloured to match the momentum read above.
Recent Industrial comps in Phoenix, AZ
| Address | Date | Type | Size (SF) | Clear Height | Dock Doors | Price / Rate | $/SF | Tenancy | Year Built |
|---|---|---|---|---|---|---|---|---|---|
| 3711 E Atlanta Ave, Phoenix, AZ listing | May 2026 | Sale | 13400 | $2,850,000 | $213 | Single-tenant NNN | 1994 | ||
| 724 E Southern Pacific Dr, Phoenix, AZ news | Dec 2025 | Sale | 44335 | $4,600,000 | $104 | Owner-user | 1937 | ||
| 4475 N 43rd Ave, Phoenix, AZ news | Oct 2025 | Sale | 48600 | Multiple dock-high | $8,200,000 | $169 | Single-tenant NNN - FedEx | 1979 | |
| 3302 W Washington St, Phoenix, AZ news | Sep 2025 | Sale | 101794 | 32 ft | 12 dock-high, 4 drive-in | $20,000,000 | $196 | Vacant | 2024 |
| 1746 W Fillmore St, Phoenix, AZ public record | Sep 2025 | Sale | 20850 | 18 ft | 2 dock-high truckwells | $2,900,000 | $139 | Multi-tenant | 1980 |
| Median of 5 recent sales · $169/SF | $169 | ||||||||
No comps in this filter.
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Other markets
Figures are automated estimates derived from public listings, records, and brokerage announcements for Phoenix, AZ, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.