Scottsdale, AZ Commercial Real Estate Market Trends & Data

What Are Current Commercial Real Estate Benchmarks in Scottsdale?

Scottsdale commercial properties are averaging $492 per square foot to buy and $31 per square foot to lease, with cap rates near 7.28% across asset types. The data below covers sale prices, lease rates, cap rates, and building sizes by property type to support early-stage market evaluation.

Explore Commercial Properties in Scottsdale

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

 

Scottsdale's Demographic Profile

Scottsdale has 135,986 households and a median income of $108,133, providing context for rent absorption and tenant demand across retail and multifamily assets. A 10% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metrics Value
Population 285,321
# Households 135,986
Median age 49
Median household income $108,133
Avg household size 2
Renter-occupied housing units 48,018
5-year population change 10%

Commercial Real Estate Market Snapshot in Scottsdale

Use the benchmarks below to set initial underwriting baselines for Scottsdale, typical deal size, entry costs, and cap rate ranges by asset type before evaluating individual listings.

Key Market Metrics Value
Avg asking sale price $492 per SF
Avg asking lease rate $31 per SF
Avg unit size for lease 10,995 SF
Avg building size for sale 14,803 SF
Average cap rate 7.28%

The 7.28% average cap rate reflects current return expectations relative to Scottsdale pricing and deal scale. Use this alongside asking prices and lease rates to establish initial underwriting assumptions.

 

Commercial Properties For Sale In Scottsdale

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

Scottsdale 85259

Scottsdale, AZ 85259

  • 2,400 SF Health Care Building
  • 25.00% Cap Rate
  • $1,325,000
For Sale

Cactus Rd & 101 Fwy

Scottsdale, AZ 85260

  • 14,267 SF Health Care Building
  • 8.00% Cap Rate
  • $8,999,900
For Sale

Bldg B

Scottsdale, AZ 85257

  • 10,531 SF Office Building
  • $427,700 - $542,192
For Sale

The Mark

Scottsdale, AZ 85251

  • 123,407 SF Multifamily
  • $1,200,000
For Sale

8765 E Bell Rd

Scottsdale, AZ 85260

  • 48,864 SF Office Building
  • $649,900
For Sale

Phase II-Bldg F

Scottsdale, AZ 85262

  • 28,083 SF Office Building
  • $2,165,440
For Sale

Scottsdale Apartment Homes

Scottsdale, AZ 85257

  • 5,806 SF Multifamily
  • $1,800,000
For Sale

Bldg 3

Scottsdale, AZ 85254

  • 10,378 SF Office Building
  • $532,000

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Scottsdale

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Scottsdale $398 7,397 SF 7.20%
Phoenix $302 23,347 SF 9.68%

Industrial Property Market Metrics Near Scottsdale

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Scottsdale $371 41,085 SF 6.13%
Phoenix $297 28,861 SF 9.68%

 

Retail Property Market Metrics Near Scottsdale

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
Scottsdale $589 10,059 SF
Fountain Hills $330 3,294 SF
Mesa $328 29,610 SF
Tempe $429 12,248 SF
Anthem $319 23,853 SF

Multifamily Property Market Metrics Near Scottsdale

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Scottsdale $454 17,364 SF 6.01%
Mesa $405 11,825 SF 7.36%
Tempe $574 21,118 SF 6.47%
Phoenix $332 25,031 SF 8.22%

 

How Investors Evaluate Commercial Real Estate Markets in Scottsdale

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Scottsdale pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

 

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Scottsdale $492 14,803 SF
Phoenix $382 24,109 SF

Multifamily For Sale In Scottsdale

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.
For Sale

The Mark

Scottsdale, AZ 85251

  • 123,407 SF Multifamily
  • $1,200,000

Regional Demographic Comparison

This comparison places Scottsdale 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 Scottsdale or distributed across surrounding areas.

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
Scottsdale 285,321 135,986 49 $108,133 2 48,018 10%
Phoenix 1,674,216 610,614 36 $70,283 3 280,273 7%

FAQs About Commercial Investing in Scottsdale

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

Scottsdale 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 Scottsdale?

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

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

How does Scottsdale compare to nearby commercial real estate markets?

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

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