Tucson, Arizona Commercial Real Estate Market Report

The Tucson commercial real estate market currently features 152 active sale listings on Commrty. These listings represent the full inventory available on the platform, with all 152 properties currently offered for sale rather than lease. This inventory reflects the diverse economic base of the region, which is heavily influenced by the presence of the University of Arizona and major aerospace and defense employers. There have been no new listings added within the last 30 days, though the entire current volume has been introduced to the platform over the past 90 days. All current inventory remains available as of this report. Pricing for these active listings spans from $48,000 to $33 million, with a median asking price of $1.6 million among the 110 listings that disclose financial terms. The median advertised capitalization rate across these opportunities is 6.60%. These figures provide a baseline for investors evaluating current entry points in the local market. Prospective buyers should note that this data reflects current asking metrics and availability specifically within the Commrty marketplace, which serves as a centralized indicator for active deal flow in this Southwest metro area. The property mix is led by 65 retail assets and 34 office listings. The remainder of the inventory consists of 18 land parcels, 15 multifamily properties, 13 industrial sites, three hospitality assets, two special purpose facilities, and one business for sale. This distribution suggests a wide variety of investment strategies, ranging from traditional retail and office acquisitions to development-ready land and multifamily operations. These property types cater to a diverse array of local and regional investors looking to capitalize on Tucson's steady growth and geographic importance.