Industrial Property for Lease in Tucson, AZ

  • Price: $850K
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Tucson, AZ 85756

Description

±5.82 ac Industrial Land For Sale or Lease This property provides for an excellent industrial development or industrial yard opportunity. Approximately 2 minutes to the I-10, 5 minutes to the airport industrial submarket, and 2 minutes from industrial warehouses surrounding TEP. Industrial yard: Can accommodate 2-4 acres of industrial yard use. Industrial development: Can accommodate up to 55,000 SF warehouse. Zoning: CI-1 Pima County (per assessor’s site). Allows for a wide variety of industrial uses including aviation storage and maintenance, construction services and storage, heavy equipment storage. Land Size: 5.824 acres Lease price: $1,000 per Acre Sale price: $850,000

Market Context

This industrial in Tucson, AZ is listed for lease at $850,000. It has been on the market for 148 days. Compare it against other industrial listings for lease in Tucson, AZ — <a href="/search/lease/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

Very Low Confidence

$4.17/SF/mo – $5.65/SF/mo

Mid: $4.91/SF/mo

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 san-diego (similarity: 100%) with 6 comparable listings.

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