Tempe / Town Lake trophy buildings deliver a high-end Cat-A baseline; tenant fit-out typically lands in the High-end or Trophy bands.
Tempe / Town Lake trophy buildings deliver a high-end Cat-A baseline; tenant fit-out">fit-out typically lands in the High-end or Trophy bands.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
City-wide Phoenix fit-out bands: Basic $70–100/sqft, Mid $105–150/sqft, High-end $155–225/sqft, Trophy $225–320/sqft.
| city | Phoenix |
|---|---|
| submarket | Tempe / Town Lake |
| tier | trophy |
| averageRentLocal | $44/sqft/yr |
| cityClassARentUsd | $34/sqft/yr |
| cityVacancyPct | 23.4% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.