Avondale, AZ
Commercial Real Estate Market Trends & Data

$530 Avg asking sale price
$434 Avg asking lease rate
37,993 SF Avg unit lease size
58,584 SF Avg building size for sale
6.12% Average cap rate

Avondale's Demographic Profile

Avondale has 28,343 households and a median income of $73,101, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 93,127
# Households 28,343
Median age 33
Median household income $73,101
Avg household size 3.0
Renter-occupied housing units 11,196
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Avondale, AZ

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Nearby Retail Markets Avg Cost/SF Typical Size
Avondale $560 37,601 SF
Tolleson $560 44,765 SF
Goodyear $346 24,403 SF
Cashion $283 3,362 SF
Litchfield Park $433 7,161 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Avondale $159 56,842 SF 7.26%
Goodyear $113 56,842 SF 7.26%
Glendale $327 36,877 SF 6.44%
Phoenix $304 24,557 SF 10.91%
Tempe $260 34,232 SF 6.47%

Commercial Properties For Sale in Avondale

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Gateway Crossing

Avondale, AZ 85392

  • 24,500 SF Retail Building
  • 6.30% Cap Rate
  • $7,806,000
For Sale

Chipotle

Phoenix, AZ 85037

  • 2,325 SF Retail Building
  • 4.50% Cap Rate
  • $4,112,000
For Sale

Starbucks

Avondale, AZ 85323

  • 2,262 SF Retail Building
  • 5.40% Cap Rate
  • $3,886,111
For Sale

NEC El Mirage Road & Lower Buckeye Road

Avondale, AZ 85323

  • 4.90 AC Lot
  • 1 Commercial Lot
  • $2,972,032
For Sale

Crystal Cove Apartments

Avondale, AZ 85323

  • 10.59 AC Lot
  • 1 Commercial Lot
  • $6,250,000
For Sale

Take 5 Oil Change

Tolleson, AZ 85353

  • 1,829 SF Retail Building
  • 5.75% Cap Rate
  • $2,173,913

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Avondale pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Avondale $530 58,584 SF
Tolleson $458 126,692 SF
Goodyear $241 17,541 SF
Cashion $283 3,362 SF

Regional Demographic Comparison

This comparison places Avondale alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Avondale or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Avondale 93,127 28,343 33 $73,101 3 11,196 7%
Tolleson 7,590 2,264 32 $49,049 3 1,221 8%
Goodyear 112,174 39,177 41 $98,800 3 8,593 11%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Avondale, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Avondale

View All Commercial Real Estate For Sale in Avondale
Is Avondale a good market for a first-time commercial real estate investor?

Avondale offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Avondale?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Avondale. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Avondale?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Avondale. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Avondale compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Avondale. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Avondale acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Avondale, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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