Family Office Briefing on research byLee & Associates·May 1, 2026
2026 Q1 Phoenix, AZ - Retail
Phoenix retail market remains tight with 5% vacancy in Q1 2026 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 5.0% |
| Avg NNN Asking Rate PSF | 18.36$ |
| Net Absorption | 509,591SF |
Metrics extracted from the source report and independently fact-checked. Method →
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