Retail Business for Sale in Tucson, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Tucson, AZ 85704

Description

Northwest Tucson is one of the metro area’s most stable and economically vibrant submarkets, offering a compelling mix of strong demographics, healthcare infrastructure, and continued residential and commercial growth. Located along the Oracle Road (State Route 77) corridor, the area benefits from excellent north-south connectivity and is anchored by a diverse base of medical, retail, and service-oriented businesses. The surrounding community boasts a dense residential population, with over 130,000 residents within a five-mile radius. Average household incomes in this region exceed both state and national averages, reflecting the area’s appeal to working professionals, retirees, and families alike. Continued in-migration to Tucson—particularly from California, Colorado, and other high-cost states—has further fueled demand for quality housing, medical services, and consumer amenities in this part of the city. Northwest Tucson is home to numerous major employers, including Northwest Medical Center, a 300+ bed regional hospital less than a mile away that serves as a major healthcare and employment hub. The area also features a concentration of medical and dental offices, pharmacies, and rehabilitation centers, forming a mature and growing medical services district. Nearby retail destinations include national anchors such as Walmart, Target, Sprouts, and PetSmart, providing consistent daily traffic and convenient access to goods and services. In addition to a robust retail offering, the area includes several schools, multifamily communities, and community centers that create strong weekday and weekend traffic flows. Situated near the base of the scenic Catalina Foothills, Northwest Tucson also offers high quality of life with access to parks, trails, and outdoor recreation, making it a desirable area for both residents and professionals. Ongoing infrastructure investments and a pro-growth business environment further support long-term economic and real estate stability.

Market Context

This retail in Tucson, AZ is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Tucson, AZ — <a href="/search/sale/retail/arizona/tucson">view the full market</a>.

As of Q1 2026, the Tucson retail market showed a 8.9% vacancy rate, average asking rents near $24.39/SF/yr, and rents up 2.0% year over year. Source: Www.picor.com Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade 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).

Unified Estimate

Very Low Confidence

$25.88/SF – $35.02/SF

Mid: $30.45/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market buffalo (similarity: 100%) with 3 comparable listings.

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