Tucson, AZ
Commercial Real Estate Market Trends & Data

$309 Avg asking sale price
$2,730 Avg asking lease rate
20,280 SF Avg unit lease size
25,879 SF Avg building size for sale
6.79% Average cap rate

Tucson's Demographic Profile

Tucson has 225,781 households and a median income of $49,296, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 537,334
# Households 225,781
Median age 35
Median household income $49,296
Avg household size 2.0
Renter-occupied housing units 112,826
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Tucson, AZ

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Tucson $203 8,685 SF 11.64%
Oro Valley $159 14,169 SF 8.56%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Tucson $208 53,522 SF 8.28%
Oro Valley $278 28,899 SF 7.08%
Nearby Retail Markets Avg Cost/SF Typical Size
Tucson $408 20,836 SF
Oro Valley $840 3,500 SF
Marana $807 49,178 SF
Rio Rico $254 3,247 SF
Mount Lemmon $812 2,520 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Tucson $223 23,027 SF 10.00%
Eloy $152 4,392 SF 6.60%
Arizona City $234 1,920 SF 6.38%
Sierra Vista $121 82,544 SF 6.30%

Commercial Properties For Sale in Tucson

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

6206-6246 E Pima St

Tucson, AZ 85712

  • 3,561 SF Office Building
  • $785,000
For Sale

House of Neighborly Service

Tucson, AZ 85713

  • 6,957 SF Specialty
  • $600,000
For Sale

2238 S 6th Ave

Tucson, AZ 85713

  • 3,736 SF Retail Building
  • $350,000
For Sale

Mountain Ave R-2 Lot 11 Units possible

Tucson, AZ 85719

  • 0.41 AC Lot
  • 1 Residential Income Lot
  • $389,000
For Sale

13185 E Colossal Cave Rd

Vail, AZ 85641

  • 1.59 AC Lot
  • 1 Commercial Lot
  • $475,000
For Sale

1801 N Stone Ave

Tucson, AZ 85705

  • 10,600 SF Retail Building
  • $2,400,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Tucson pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Tucson $309 25,879 SF
Sahuarita $203 3,175 SF
Green Valley $223 3,166 SF
Amado $133 10,525 SF

Multifamily Properties For Sale in Tucson

For Sale

Redondo Tower - 12 Condos (entire floor)

Tucson, AZ 85701

  • 94,252 SF Multifamily
  • $157,867 - $315,733

Regional Demographic Comparison

This comparison places Tucson alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tucson or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Tucson 537,334 225,781 35 $49,296 2 112,826 3%
Sahuarita 36,451 13,193 40 $90,242 3 2,219 4%
Green Valley 26,145 15,638 75 $54,762 2 2,144 6%
Vail 14,712 5,173 40 $112,048 3 568 6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Tucson, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Tucson

View All Commercial Real Estate For Sale in Tucson
Is Tucson a good market for a first-time commercial real estate investor?

Tucson offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Tucson?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tucson. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Tucson?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tucson. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Tucson compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tucson. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Tucson acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tucson, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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