The typical asking rate per listing is in the $20's per square foot per year. The Tucson submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Tucson Metropolitan Area market, the Tucson submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1238 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the listings in the Tucson are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,640 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.
Real time and historical data on commercial real estate listings in Tucson.
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