Peoria, AZ
Commercial Real Estate Market Trends & Data

$666 Avg asking sale price
$1,393 Avg asking lease rate
12,125 SF Avg unit lease size
19,593 SF Avg building size for sale
6.09% Average cap rate

Peoria's Demographic Profile

Peoria has 73,538 households and a median income of $89,658, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 201,527
# Households 73,538
Median age 42
Median household income $89,658
Avg household size 3.0
Renter-occupied housing units 17,991
5-year population change +8%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Peoria $342 27,246 SF 8.40%
Sun City $322 26,963 SF 8.40%
Sun City West $363 8,338 SF 7.50%
Surprise $363 21,938 SF 7.50%
Glendale $374 15,439 SF 7.40%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Peoria $326 30,971 SF 7.40%
Glendale $320 55,884 SF 7.40%
Nearby Retail Markets Avg Cost/SF Typical Size
Peoria $445 12,605 SF
Sun City $254 11,863 SF
Sun City West $253 41,145 SF
Surprise $550 22,545 SF
Glendale $645 20,588 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Peoria $500 10,015 SF 6.17%
Glendale $327 36,877 SF 6.44%
Phoenix $307 25,543 SF 8.22%

Commercial Properties For Sale in Peoria

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

LUXURY GATED PEORIA ALH

Peoria, AZ 85383

  • 3,750 SF Health Care Building
  • $1,975,000
For Sale

Walgreens | Rare Village Medical Location -AZ

Peoria, AZ 85382

  • 15,048 SF Retail Building
  • 6.75% Cap Rate
  • $3,882,920
For Sale

Bldg 3

Peoria, AZ 85345

  • 31,345 SF Industrial Building
  • $895,000
For Sale

Banner Urgent Care

Peoria, AZ 85383

  • 5,165 SF Office Building
  • 5.46% Cap Rate
  • $3,570,029
For Sale

Odyssey

Peoria, AZ 85382

  • 5,720 SF Specialty
  • $2,000,000
For Sale

Denny's

Peoria, AZ 85382

  • 5,236 SF Retail Building
  • 5.25% Cap Rate
  • $3,796,000

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 Peoria pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Peoria $666 19,593 SF
Sun City $602 16,455 SF
Sun City West $1,151 19,751 SF
Surprise $785 48,400 SF
Glendale $432 34,945 SF

Regional Demographic Comparison

This comparison places Peoria 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 Peoria or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Peoria 201,527 73,538 42 $89,658 3 17,991 8%
Sun City 43,881 26,656 74 $47,571 2 4,433 9%
Sun City West 31,134 18,414 76 $63,464 2 2,087 9%
Surprise 162,919 59,353 43 $83,527 3 12,849 9%
Glendale 257,237 89,166 35 $64,916 3 40,273 7%

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

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

Peoria 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 Peoria?

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

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

How does Peoria compare to nearby commercial real estate markets?

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

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