Peoria, AZ
Commercial Real Estate Market Trends & Data

$433 Avg asking sale price
$24 Avg asking lease rate
11,057 SF Avg unit lease size
19,585 SF Avg building size for sale
6.89% 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 $368 26,618 SF 8.69%
Sun City $336 28,892 SF 8.69%
Sun City West $363 8,338 SF 7.50%
Surprise $363 21,938 SF 7.50%
Glendale $406 18,935 SF 8.20%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Peoria $322 30,814 SF 5.93%
Glendale $310 59,000 SF 6.57%
Nearby Retail Markets Avg Cost/SF Typical Size
Peoria $507 11,253 SF
Sun City $381 12,130 SF
Sun City West $253 41,145 SF
Surprise $315 43,381 SF
Glendale $676 20,481 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Peoria $500 10,015 SF 6.17%
Glendale $380 24,701 SF 6.17%
Phoenix $306 23,787 SF 9.74%
Avondale $113 56,842 SF 7.26%

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 PREMIUM GATED 11 BED RAL ACTIVE & HIGH PERFORMER

Peoria, AZ 85383

  • 3,750 SF Health Care Building
  • 14.00% Cap Rate
  • $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

Biscuits Cafe

Peoria, AZ 85381

  • 5,000 SF Retail Building
  • 6.25% Cap Rate
  • $3,653,000
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 Office Building
  • $2,000,000

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 $433 19,585 SF
Sun City $393 17,965 SF
Sun City West $329 21,790 SF
Surprise $410 65,165 SF
Glendale $447 37,833 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.

Nearby Market Trends