Tucson, AZ Retail Space for Lease
Search 162 retail listings in Tucson, AZ and find helpful local stats in the Market Overview section below.
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Tucson asks $15.72 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 74 space(s) available under this type of arrangement. The local market is also home to 16 retail space(s) offered under a Modified Gross lease agreement type.
The average size for this type of rental opportunity in Tucson is 1,000 sqft to 2,500 sqft. Currently, the local market offers 157 listing(s) within that size range. You can also search 59 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail space in Tucson comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 15 such space(s) available.
Restaurant spaces listed for rent here have an average size of 2,731 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 10 space(s) listed as Street Retail. The average size you can expect to find for this category is 1,608 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.
What’s more, you can find 1 listing(s) in the Shared Space category, currently available in the average size of 1,500 square feet. Shared retail space is in some ways comparable to coworking office solutions. However, businesses in this context share a shop. It is also sometimes referred to as co-retailing and allows businesses to share resources such as physical space, stationery, and other support essentials, in order to cut down on some of the costs of running the business.
Restaurant
15
Street Retail
10
Shared Space
1
Restaurant
2,731 sq. ft.
Street Retail
1,608 sq. ft.
Shared Space
1,500 sq. ft.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Midvale is your top choice for lease opportunities, as it is currently home to the highest number of listings — 17 retail space(s).
Tucson’s second most popular area is West University, where you can find 16 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 2 listing(s) available here.
Harrison East South is also among the best areas to search for your next commercial space. Here you can find 13 retail space(s) available for consideration by prospective tenants, of which 2 are Restaurant.
Midvale
17
West University
16
Harrison East South
13
Rancho Perdido Estates
11
Bear Canyon
10
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
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