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On average, commerial real estate listings lease in the $20's per square foot per year. The Tucson submarket is seeing a a rise in rates. In the last 3 months, the median rate for lease increased $1 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Tucson Metropolitan Area commercial real estate market, the Tucson submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 1238 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate leases in the Tucson are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard size for office space in this area is around 560 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built around 1983 and are Class B.
Real time and historical data on commercial real estate listings in Tucson.
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