In Q2 2026, Tucson’s retail market remained healthy, with vacancy holding at approximately 5.3% as tenant demand continued to support stable occupancy. Asking rents increased……
In Q1 2026, Tucson’s retail market remained stable, with vacancy largely unchanged, reflecting balanced conditions and steady demand. Fundamentals were supported by……
In Q4 2025, Tucson’s retail market remained stable, with vacancy improving to 5.8%, reflecting steady tenant demand and tightening availability. Market fundamentals remained……
Retail vacancy rose to 6.0% in Q2 2025, up from 5.3%, due to several large-store closures. While elevated, the rate aligns with……
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……
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….
During Q2 2024, the Tucson retail market maintained stability with a 5.7% vacancy rate and positive absorption of 52,500 square feet (sf) over the past 12 months…
To read the full report on Tucson’s retail activity in Q1, click here. In Q1 2024, the Tucson retail market…
To read the full report on Tucson’s Retail activity in Q4, click here. The Tucson retail market in Q4 continued…
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