Tucson’s retail sector shows stability, maintaining a 5.3% vacancy rate. National consumer spending grew 3.0% in Q1 2025, with the food, beverage, and entertainment sectors remaining strong. Lease rates continue to rise for premium properties and……
Tucson’s Q4 Retail Market Report: Experiencing Growth in Spite of Big Box Closures
Published on February 7, 2025
The Tucson retail market experienced a slight uptick in vacancy, reaching 5.8% in Q4 due to the closure of Big Lots and 99 Cent Only stores. Class A properties continue to command historically high lease rates, with rents in the mid $40.00 per square foot (sf) triple-net (NNN) range common for new construction and projected to rise further in the coming year….
Tucson Q4 Retail: Consumer Spending, Employment Growth, & Expansions – Including Bass Pro Shop
Published on February 7, 2024
To read the full report on Tucson’s Retail activity in Q4, click here. The Tucson retail market in Q4 continued…
Progress and Trends in Tucson’s Retail Commercial Real Estate Market in Q2
Published on August 9, 2023
Tucson’s Q2 Retail Real Estate: Absorption Grows, Rates Rise; Demand Surges in Entertainment, Fitness, Healthcare, and Auto….
