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Family Office Briefing on research byKidder Matthews·Jul 16, 2025

PHOENIX RETAIL MARKET REPORT - 2nd Quarter 2025

This report provides an overview of the Phoenix retail market for the second quarter of 2025.

2025

Key Metrics

MetricValue
Vacancy Rate4.4%
Average Asking Rents1.64$/SF
Under Construction2,303,584SF
Average Sales Price249$/SF
Average Cap Rate6.1%
Construction Deliveries715,795SF
Net Absorption867,209SF

Metrics extracted from the source report and independently fact-checked. Method →

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