Tucson, AZ Commercial Real Estate for Lease and Sale

Explore 576 listings of Tucson commercial real estate to find the best space for your business.

Site 17 Event Center

840 E 17th St, Millville, Tucson, AZ
Property Type

Industrial
For Sale

$1,765,480
Build in 1956 / Property size 18,560 SF
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Exchange Place (Bldg. D)

1870 W. Prince Road (Suites 35-48), Flowing Wells, Tucson, AZ
Property Type

Industrial
For Lease

$1.42/SF/MO
2 spaces available / 1,440 - 1,650 SF
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5225 E Knight Dr

5225 E Knight Dr, Avondale, Tucson, AZ
Property Type

Office
For Lease

$18.00/SF/YR
1 space available / 2,280 SF
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5981 E Grant Rd

5981 E Grant Rd, Old Fort Lowell, Tucson, AZ
Property Type

Office
For Sale

$830,000
Build in 2008 / Property size 3,318 SF
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Tucson commercial real estate market incorporates 2,017,617 square feet of office space across 171 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Tucson commercial real estate market includes 5,617,653 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Tucson market, there is a total of 358,101 square feet of industrial property.
The listing inventory in Tucson incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Tucson is represented by Industrial space, which accounts for 5,448,883 square feet of available listings. Retail space available in Tucson adds up to 1,563,167 square feet.

Meanwhile, most of the listings of commercial property for sale in Tucson are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Tucson is $17.06 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Tucson can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $20.5 per square foot, industrial space in Tucson saw average rents of $12.22 per square foot.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Tucson, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Tucson is in the Broadway Northeast neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Broadway Northeast area.

Meanwhile, retail space opportunities are most abundant in the West University submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Butterfield.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35 per square foot. In particular, the property type commanding the highest lease rates in Tucson was Office space.

Conversely, the highest sale price last year was $24,575,000 that is located at 3350 East Hemisphere Loop.
The average size of a commercial property in Tucson depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Tucson, the average size of an office property is 31,041 square feet.
- Retail properties here incorporate an average of 39,842 square feet.
- Industrial space in Tucson is in buildings that are, on average 18,848 square feet in size.

Tucson, AZ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Tucson currently add up to 11,965,881 square feet. The market offers 129 active office listing(s), which amount to 1,468,109 square feet and account for 32% of commercial spaces on the market. Local retail availability includes 1,526,577 square feet across 166 retail space(s). Industrial space for rent opportunities in Tucson amount to 5,252,591 square feet across a total of 80 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	129	1,468,109
Retail	166	1,526,577
Industrial	80	5,252,591
Other	19	3,718,604

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Tucson, AZ. Currently, there is 4,823,231 square feet of commercial property for sale here , which includes 49 office building(s) for sale , 41 retail investment opportunity listing(s) , and 18 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	49	755,652
Retail	41	521,738
Industrial	18	988,552
Other	76	2,557,289

Tucson, AZ Commercial Real Estate Market Overview

Tucson, Ariz., has a diverse and rapidly evolving economy that drives its commercial real estate market. The city’s logistical reach through Tucson International Airport and Interstates 10 and 19, as well as its location at the intersection of the Union Pacific Railroad Main Line offer ample commerce and trade opportunities.

The main catalysts for Tucson’s economic growth include the education; high tech; aerospace and defense; and manufacturing sectors. The city is also home to more than 150 different firms that design and manufacture optics and optoelectronics systems, granting it the nickname “Optics Valley.”

The University of Arizona is, by far, the largest employer in Tucson, followed by aerospace intelligence provider Raytheon Technologies, the State of Arizona, Davis-Monthan Air Force Base and Prima County. A considerable number of Fortune 500 companies also operate offices in the city of Tucson, including Abbott, Texas Instruments, L3 Technologies, Loebs, Costco Wholesale, the Jacobs Engineering Group and Graybar, all of which make use of its robust commercial real estate market.

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Tucson, AZ Commercial Real Estate for Lease and Sale

Site 17 Event Center

Exchange Place (Bldg. D)

5225 E Knight Dr

5981 E Grant Rd

Frequently Asked Questions

Tucson, AZ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Tucson, AZ Commercial Real Estate Market Overview

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