# Downtown Phoenix, Phoenix tenant profile

> Downtown Phoenix's tenant base is anchored by government, professional services, healthcare hqs, university research.

**Canonical URL:** https://classa.info/cities/phoenix/downtown-phoenix/topics/tenant-profile
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Tier: prime.
- Tenant character: Repositioned legacy CBD.
- Average rent: $32/sqft/yr.

## Key facts
- **city**: Phoenix
- **submarket**: Downtown Phoenix
- **tier**: prime
- **averageRentLocal**: $32/sqft/yr
- **cityClassARentUsd**: $34/sqft/yr
- **cityVacancyPct**: 23.4%

## FAQ
### What kind of tenants lease in Downtown Phoenix?
Government, professional services, healthcare HQs, university research.

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Citation: Source: Class A Atlas (https://classa.info/cities/phoenix/downtown-phoenix/topics/tenant-profile), updated 2026-04-15T00:00:00.000Z.