Market Information
Greater Phoenix
When you begin searching for your business’ commercial real estate needs, trust a firm with over 30 years of experience throughout the Greater Phoenix area. Our unparalleled awareness of fluctuating market trends locally, nationally and globally continues to provide our team of brokers with insightful information that they use to guide their clients throughout the process.
The extensive amount of commercial real estate present throughout the Phoenix Valley, and the plethora of available land, allows each client to find their ideal commercial real estate location. Let us at LevRose, help you find the perfect place for your business’s present and future.
For more information, select a market below.
Contact LevRose Today!
How Can Our Team Help?
PHOENIX MARKET
Phoenix is the Fifth-largest city in the U.S. and is booming with entrepreneurial growth and success. The cost of living and doing business in Phoenix is lower than any other major metropolitan area in the United States. Thanks to Phoenix’s vast attractions, growth rate, and competitive market prices, the area continues to be an excellent opportunity market for businesses and investors.
Downtown
Downtown Phoenix is the city’s urban core. Roosevelt Row is a growing arts district that attracts tourists and residents for Phoenix’s First Fridays, which allows people to view the art galleries downtown for free. Downtown Phoenix is a hub for sports and entertainment where thousands of people gather at the Talking Stick Resort Arena and Chase Field to watch the Phoenix Suns, Arizona Diamondbacks, musicians, comedians, and other events. Small businesses to large corporate hotels take advantage of the influx of people who come in for these events, conferences and for vacation.
Arcadia
This small, upscale neighborhood in Phoenix is the perfect place to grow or start a business. In the area, the Arizona Biltmore with its array of shops and high-scale restaurants attracts customers. The neighborhood is also home to many small strip malls that house both small local businesses and national chains.
North Phoenix
North Phoenix borders the city of Scottsdale and shares similar amenities. Many strip malls have been built to accommodate people as the city of Phoenix grows. This area is home to several malls, medical facilities, etc. Also bordered by the growing city of Paradise Valley, North Phoenix is perfectly situated for any business.
SCOTTSDALE MARKET
Along with its neighboring cities, Scottsdale receives over 300 days of sunlight a year and is one of the many reasons the area is an ideal destination for tourists and avid golfers. In 2020, the city’s population was recorded to be just above 240,000 people and is steadily continuing to grow.
In the heart of Scottsdale, located just east of the state’s capital, you will find Old Town a popular area of trendy bars, restaurants and art exhibits. This part of the valley is where our office resides and also where we first established our company’s roots, over 30 years ago now.
Besides Old Town, popular attractions in the area include Fashion Square Mall and Talking Stick Resort and Casino, both well-known destinations for tourists when visiting Phoenix.
This area is ideal for businesses who are interested in a property where there is a lot of foot traffic, tourists and is great for office and retail types of properties. The city of Scottsdale’s reputation continues to proceed itself and attract tourists from all over the country throughout the year.
2020 U.S. Census: 241,361
Established/Founded: 1888 by U.S. Army Chaplain Winfield Scott
Attractions: Fashion Square Mall, Talking Stick Resort and Casino, Old Town Scottsdale
Ideal for: Office and Retail properties
TEMPE MARKET
The city of Tempe is home to Arizona State University and attracts a fun, vibrant crowd throughout the valley. Located minutes from Phoenix Sky Harbor International Airport, its population in 2020 was recorded slightly above 180,000 people.
Besides being a popular university town, Tempe Town Lake is located adjacent to its downtown center. An urban oasis known for a variety of outdoor activities including watercrafts, trails and picnicking along this recreational haven.
This area is ideal for businesses who want to be where all of the action is. Tempe is not only home to lively ASU students but also holds the nation’s largest engineering school. This area is great for office and retail properties looking to establish a presence in an affluent part of the Phoenix Valley.
2020 U.S. Census: 180,587
Established/Founded: 1871
Attractions: Arizona State University, Tempe Town Lake
Ideal for: Office and Retail properties
QUEEN CREEK MARKET
Queen Creek is located just Southeast of the city of Gilbert. This up-and-coming area rests along the San Tan Mountain Regional Park and has access to acres of the Sonoran Desert. In 2020, Queen Creek’s population was recorded just above 59,000 people.
Originally established for agricultural purposes, Queen Creek has steadily been expanding into the next hot spot for developments. Located just 30 minutes from Phoenix Sky Harbor International Airport, Queen Creek has access to the best of both worlds.
This area is ideal for businesses who are interested in land and industrial properties.
2020 U.S. Census: 59,519
Established/Founded: 1989
Attractions: San Tan Mountain Regional Park, Sonoran Desert
Ideal for: Land and Industrial properties
MESA MARKET
Located in the East Valley of Phoenix, Mesa’s population in 2020 was recorded with over 504,000 inhabitants and is a rapidly growing area for new developments.
This part of the valley is known for a variety of outdoor activities including hiking, Salt River rafting and also hosts premier baseball games in their stadiums. Due to its remote location in the valley and its access to open land, Mesa has rapidly become the latest hot spot for new industrial and warehouse developments.
Mesa is ideal for businesses who are interested in properties that offer extensive land and developmental opportunities. In the years to come, multiple large tech companies have already committed to establishing data centers throughout this area.
2020 U.S. Census: 504,258
Established/Founded: 1878
Attractions: Salt River Lake
Ideal for: Land and Industrial properties
CHANDLER MARKET
The city of Chandler was first established for its irrigation and agricultural purposes and has since transitioned into a community that welcomes both commercial businesses and residential properties. It is the fourth largest city in the state of Arizona and recorded its population just above 275,000 people in 2020.
Chandler has been described as the hub for tech and innovation and is another diversified community located in Phoenix’s Southeast Valley. Kown for its surrounding acreages, Chandler is home to over 60 recreational parks.
2020 U.S. Census: 275,987
Established/Founded: 1912
Attractions:
Ideal for: Land and Industrial properties
GILBERT MARKET
The city of Gilbert, similar to Chandler, was first established as an agricultural community due to its access to available land. Since Gilbert’s establishment in 1920, the town has seen considerable growth and recorded its population in 2020 just over 267,000 people.
Located in the Southeast Valley, Gilbert is another rapidly growing area for industrial and warehouse developments. Its location in the valley also makes it a perfect spot for the local community to enjoy a variety of fun outdoor activities.
2020 U.S. Census: 267,918
Established/Founded: 1920
Attractions:
Ideal for: Land and Industrial properties
GLENDALE MARKET
The city of Glendale was first established after the Salt River and Agua Fria River were connected by a canal in 1891. In 2020, its population was recorded above 248,000 people and is set to steadily grow as the Phoenix Valley continues expanding.
Glendale’s variety of attractions brings in tourists from all walks of life consistently throughout the year. Home to the Arizona Cardinals football team, the University of Phoenix Stadium resides in Glendale. Another popular venue here is the Gila River Arena which hosts a variety of sporting and music events, as well as Westgate Entertainment District which provides an open-air shopping experience for its visitors.
This area is ideal for office and retail properties who want to be in an area where tourists commonly visit.
2020 U.S. Census: 248,325
Established/Founded: 1891
Attractions: University of Phoenix Stadium, Gila River Arena, Westgate Entertainment District
Ideal for: Office and Retail properties
PEORIA MARKET
Peoria is located just northwest of the city of Glendale. Its 2020 population was recorded at 190,000 people.
Surrounded by the Sonoran Desert, Peoria includes Lake Pleasant Regional Park, a desert oasis that is popular for fishing and boating. Since being officially established in 1954, Peoria has continued to make room for additional industrial and mixed development purposes. It is located just west of the 101 Loop.
2020 U.S. Census: 190,985
Established/Founded: 1954
Attractions: Lake Pleasant Regional Park
Ideal for: Land and Industrial properties