Palo Verde Retail Space

Palo Verde

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,130

Compared to the rest of the Tucson Metropolitan Area market, the Palo Verde region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Palo Verde Listing Supply

In the last 90 days, 21 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the Palo Verde are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,130 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1996 and are Class B.

Palo Verde Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Palo Verde residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Palo Verde.
Research