Tucson is driven by University of Arizona, Davis-Monthan AFB, Raytheon (defense), and healthcare. The university district and I-10 industrial corridor are key submarkets. Arizona is landlord-friendly.
By Angel Campa, Founder · Updated March 2026
Commercial Space
35M sq ft
Avg Office Rent
$16–$24/sq ft
Vacancy Rate
16%
Avg Lease Term
3–8 years
Tucson office is Modified Gross or NNN. Industrial is NNN. University-adjacent retail has student traffic provisions. Defense contractor leases have specialized security addenda.
Arizona Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Arizona →
Raytheon and DMAFB defense leases include security provisions not found in standard commercial templates. University of Arizona-driven retail and office leases have seasonal demand provisions tied to academic calendar.
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
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