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….
Circle K Disposition: Opportunity for Small Business Owners & Investors in Southern Arizona
Published on March 17, 2023
Cushman & Wakefield | PICOR sold a Circle K retail building in Tucson to a family-owned vehicle service and repair shop. Other locations are available….
Sunshine Mile Opportunity
Published on November 10, 2022
Rio Nuevo, downtown’s revitalization board, is collaborating with stakeholders on creating Sunshine Mile, a section of Broadway Boulevard….
