How to Find My Best Phoenix Business Location?

“Location is everything.” We’ve all heard it, and when it comes to setting up your business in Phoenix, it’s true. The right space can make a difference between steady foot traffic and a struggling business venture. But how do you find the best Phoenix business location for your needs?

At Rowe and Associates, our commercial real estate team put together this guide to help break the process into clear, actionable steps. This will help you set yourself up for success. 

Understanding Your Phoenix Business Location Needs

Before you scout locations, you must determine what your business needs to thrive. To do so, consider these key factors:

• Accessibility: Are you targeting walk-ins or appointment-only clients? Do you need to ship and receive large deliveries? 
• Space Requirements: Do you need a showroom, office space, or a warehouse?
• Budget: Can you afford a prime location, or does a lower-cost area make more sense? Should you buy or rent? 
• Competitor Presence: Being near competitors can increase foot traffic, but too many may create saturation, reducing revenue.

Researching Metro Phoenix’s Business Hubs

Phoenix is a sprawling city with diverse business districts. Choosing the right area depends on your area of industry. You should also factor in crime rate statistics. Here are some top Phoenix business locations:

Tempe 

Home to Arizona State University, this area is excellent for businesses targeting younger demographics, tech companies, and innovative startups.

West Valley 

Emerging as a strong retail and logistics hub, this area offers more affordable real estate options with plenty of growth potential.

Questions? Contact us today to learn more about the different business hubs in the Valley of the Sun. 

Accessibility and Visibility Matter

It’s not just about where your Phoenix business is located—it’s about how easy it is for customers to find you. When you are searching for the right location to operate your business, ask yourself:

• Is there adequate parking?
• Is there adequate lighting?
• How close is the location to major highways or public transport?
• Is the signage visible from the street?
• Can future employees, clients, and delivery trucks easily find entry points, exits, and loading areas?

Lease Considerations and Zoning Laws

Even if you think that you have found the perfect location for your business, zoning laws may prevent your type of operation. You can better manage your time by working with a knowledgeable Phoenix commercial real estate broker at Rowe and Associates.

Our team can pre-screen and assess how the following may impact your final decision:

• Lease Considerations: Review lease types, lease durations, potential rent hikes, maintenance obligations, termination clauses, and renewal options.
• Zoning Regulations: Phoenix has stringent zoning laws, so make sure your business type is permitted in your desired area.
• Future Development Plans: A new road, shopping center, or construction project can either boost or harm your Phoenix business location.

Final Thoughts About How to Find the Best Phoenix Business Location

Finding the best location for my Phoenix business takes careful planning, research, and a bit of gut instinct. With beneficial guidance from a valuable CRE broker and realtor, it can launch your business to long-term success. 

Whether you’re opening a café, office, tech hub, or retail space, strategically choosing a location will pay off in the long run. Ready to take the next step? Call Rowe and Associates at (480) 933-0004 for help finding the best commercial spot for your business.