525 W Valencia Rd — Lease in Tucson, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Tucson, AZ 85706

Description

±14,560 SF Retail Building for Sublease Former Walgreens; Master Lease term ends December 31, 2026. C-1 Zoning, Tucson Please contact Broker for Sublease Rate.

Market Context

This retail in Tucson, AZ is listed for lease. It has been on the market for 197 days. Compare it against other retail listings for lease in Tucson, AZ — view the full market.

As of Q1 2026, the Tucson retail market showed an 8.9% vacancy rate, average asking rents near $24.39/SF/yr, and rents up 2.0% year over year.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

Is the Tucson retail market tightening or softening?
Vacancy is around 8.9%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$1.73/SF/mo – $2.33/SF/mo

Mid: $2.03/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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