El Mirage, AZ
Commercial Real Estate Market Trends & Data

$282 Avg asking sale price
$22 Avg asking lease rate
100,489 SF Avg unit lease size
98,680 SF Avg building size for sale
7.24% Average cap rate

El Mirage's Demographic Profile

El Mirage has 9,938 households and a median income of $69,610, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 34,874
# Households 9,938
Median age 31
Median household income $69,610
Avg household size 3.0
Renter-occupied housing units 3,263
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near El Mirage, AZ

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
El Mirage $328 27,783 SF 7.50%
Glendale $374 15,439 SF 7.40%
Sun City West $363 8,338 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
El Mirage $253 11,763 SF
Youngtown $224 3,666 SF
Glendale $645 20,588 SF
Waddell $463 5,147 SF
Sun City West $253 41,145 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Glendale $327 36,877 SF 6.44%
Phoenix $307 25,543 SF 8.22%
Peoria $500 10,015 SF 6.17%
Avondale $113 56,842 SF 7.26%

Commercial Properties For Sale in El Mirage

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

11817 W Thunderbird Rd

El Mirage, AZ 85335

  • 2,303 SF Retail Building
  • $725,000
For Sale

The Courtyard at Sunridge Plaza

Surprise, AZ 85378

  • 29,320 SF Office Building
  • 7.50% Cap Rate
  • $6,450,000
For Sale

11709 W Thunderbird Rd

El Mirage, AZ 85335

  • 1,686 SF Retail Building
  • $424,872
For Sale

NEC N El Mirage Rd & W Joe R Ramirez Rd

El Mirage, AZ 85335

  • 3.94 AC Lot
  • 1 Commercial Lot
  • $2,500,000
For Sale

L-C-046D

El Mirage, AZ 85335

  • 0.27 AC Lot
  • 1 Residential Income Lot
  • $106,400
For Sale

9105 N El Mirage Rd

El Mirage, AZ 85335

  • 9.42 AC Lot
  • 1 Commercial Lot
  • $6,150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Internal Rate of Return (IRR) Calculator
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Master Lease Strategies
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A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
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A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
El Mirage $282 98,680 SF
Youngtown $229 5,359 SF
Glendale $432 34,945 SF
Waddell $372 175,890 SF
Sun City West $1,151 19,751 SF

Regional Demographic Comparison

This comparison places El Mirage 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 El Mirage or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
El Mirage 34,874 9,938 31 $69,610 3 3,263 6%
Youngtown 7,240 2,709 38 $45,885 3 1,295 7%
Glendale 257,237 89,166 35 $64,916 3 40,273 7%
Waddell 16,222 4,893 38 $100,225 3 400 12%
Sun City West 31,134 18,414 76 $63,464 2 2,087 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in El Mirage, 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 El Mirage

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

El Mirage 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 El Mirage?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in El Mirage. 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 El Mirage?

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

How does El Mirage compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to El Mirage. 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 El Mirage acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in El Mirage, 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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