Industrial Property for Sale in Tucson, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Tucson, AZ 85747

Description

Rita Crossings * These lots are shovel ready with existing water retention basin, public roadways with points of ingress and egress, curbing and utilities to the property line. * Adjacent to the University of Arizona Tech Park (6,000 employees with Raytheon, IBM, Citi and several other employees), Interstate 10 and the 1 million sq. ft. Target.com fulfillment center. * Near several amenity rich intersections including Houghton Town Center. * Growing retail and residential area.

Market Context

This industrial in Tucson, AZ is listed for sale. It has been on the market for 148 days. Compare it against other industrial listings for sale in Tucson, AZ — <a href="/search/sale/industrial/arizona/tucson">view the full market</a>.

As of Q4 2023, the Tucson industrial market showed a 6.3% vacancy rate, average asking rents near $6.84/SF/yr, and cap rates around 7.9%. Source: Consensus Q4 2023 market report.

Industrial market FAQ

What is the typical cap rate for industrial in Tucson?
About 7.9% as of Q4 2023, per Consensus.
Is the Tucson industrial market tightening or softening?
Vacancy is around 6.3% (Q4 2023).

Unified Estimate

Medium Confidence

$622.50/SF – $842.20/SF

Mid: $732.35/SF

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

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