Tucson Lease Report, October 13-17, 2025

Tucson Lease Report

TUCSON, AZ (October 20, 2025) — Leasing activity across the Tucson market totaled approximately 22,122 square feet reported for the week of October 13–17, 2025, to Real Estate Daily News for the Tucson Lease Report, led by industrial (13,756 square feet), followed by retail (7,447 square feet) and office (919 square feet).

Top leases by category: Industrial was led by GAM3 Construction LLC’s 4,806 square feet at 3865 E. 34th St. (C&W | PICOR: Robert C. Glaser, SIOR, CCIM). Retail was led by Ignition Sim Racing, LLC’s 3,415 square feet at 5460 E. Broadway Blvd., Suite 350 (Larsen Baker: Isaac Figueroa, CCIM, SIOR; Frank Arrotta). Office activity was anchored by Lazzara Law Firm, PLLC’s 919 square feet at 310 S. Williams Blvd., Suite 230 (C&W | PICOR: Ryan McGregor). Notably, Angie’s Prime Grill (Angie’s Concepts LLC) leased space at Midvale Park Plaza for a planned Q1 2026 opening.

The following leases were reported to the Real Estate Daily News for the week of October 13–17, 2025.

INDUSTRIAL – 3865 E. 34TH ST., SUITES 103 & 105, TUCSON, 85713, SOUTH SUBMARKET
GAM3 Construction LLC leased 4,806 square feet of industrial space at Alvernon Business Center from AP&D Investments, LLP. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1607 W. GRANT RD., TUCSON, 85745, WEST SUBMARKET
AZ Cartage LLC leased 4,000 square feet of warehouse/distribution space from Rodgers-Hoge Partners. Max Fisher with BRD Realty handled this transaction.

RETAIL – 5460 E. BROADWAY BLVD., SUITE 350, TUCSON, 85711, EAST SUBMARKET
Ignition Sim Racing, LLC leased 3,415 square feet at The Plaza at Williams Centre for a simulator-based lounge. Isaac Figueroa, CCIM, SIOR, represented the landlord, and Frank Arrotta represented the tenant, both with Larsen Baker.

RETAIL – 1530 W. VALENCIA RD., TUCSON, 85746, WEST SUBMARKET
Angie’s Concepts LLC (Angie’s Prime Grill) leased 2,832 square feet in Midvale Park Plaza (NEC Valencia Rd. & Midvale Park Rd.). Craig Finfrock of Commercial Retail Advisors, LLC, represented the landlord, Valencia CS, LLC. Dave Hammack of Cushman & Wakefield | PICOR represented the tenant.

INDUSTRIAL – 1870 W. PRINCE RD., SUITE 35, TUCSON, 85705, CENTRAL SUBMARKET
AAA Landscape leased 1,650 square feet at Exchange Place from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 2470 W. RUTHRAUFF RD., SUITE 100, TUCSON, 85705, CENTRAL SUBMARKET
Dead West Studios leased 1,300 square feet at Ruthrauff Commerce Center from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – CANADA CROSSROADS, SWC LA CANADA DR. & LAMBERT LN., TUCSON (ORO VALLEY), 85737, NORTHWEST ORO VALLEY SUBMARKET
Solana Pilates leased 1,200 square feet from Peregrine Investments II LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Rob Lamb and Cory Lamb with Long Realty Company represented the tenant.

INDUSTRIAL – 3879 N. ORACLE RD., TUCSON, 85705, CENTRAL SUBMARKET
Aladdin Cleaning and Restoration leased 1,200 square feet of office/warehouse space from Tesoro Enterprises LLC. Max Fisher with BRD Realty handled this transaction.

OFFICE – 310 S. WILLIAMS BLVD., SUITE 230, TUCSON, 85711, EAST SUBMARKET
Lazzara Law Firm, PLLC, leased 919 square feet at Williams Centre from DHS Property Investments, Ltd. Partnership. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWAL

INDUSTRIAL – 3933 E. 29TH ST., SUITE 501, TUCSON, 85711, EAST SUBMARKET
Southwestern Building Maintenance renewed 800 square feet at Midpoint Business Plaza with Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected]

 




Chapman Management Group Facilitates Sale of Grease Monkey Building

Grease Monkey

TUCSON, AZ (October 17, 2025) — A fully leased triple net investment property at 3355 E Speedway Blvd in Tucson has sold for $1,550,000 ($968 PSF) to Chino Valley-based, 3311 Union, LLC. The property includes a 1,601-square-foot building featuring two drive-thru bays and an adjacent parking lot parcel.

The tenant, the nation’s largest Grease Monkey® franchisee, recently executed a new 15-year absolute NNN lease and operates more than 30 locations across Arizona, Colorado, and Texas.

The Absolute NNN-leased investment property sold to 3311 Union, LLC, of Studio City, CA. The property featured two drive-thru bays and an adjacent parking lot parcel. Tenant recently signed a new 15-year lease and is the largest Grease Monkey® franchisee in the United States, currently operating over 30 locations in Arizona, Colorado, and Texas.

Erik Chapman, CCIM, CPM, and Nick Travassos, MRED, CCIM of Chapman Management Group, LLC represented the seller, Niceland Investments, LLC. The buyer is an affiliate of Sands Investments Arizona, LLC, and was self-represented.

For more information, Erik Chapman can be reached at 520.867.8899, and Nick Travassos at 520.867.8438.

Source: RED Comp #12145




Basileus Capital Acquires South Tucson Industrial Building for $650,000

 South Tucson Industrial

TUCSON, AZ (October 16, 2025) — Basileus Capital, LLC has purchased a 5,867-square-foot South Tucson industrial building located at 3231 E. 46th Street in Tucson for $650,000 ($111 PSF). The property was sold by Xtremeone, LLC.  Paul Hooker, SIOR, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller, while Susan McCall of Commercial Property Connect, LLC, represented the buyer.

The freestanding building is situated in Tucson’s South Industrial submarket, an area known for its proximity to I-10, Tucson International Airport, and major distribution corridors along Palo Verde and Irvington Roads. The property offers flexible warehouse and office space, multiple grade-level doors, and secure fenced yard storage — features ideal for light industrial, service, or logistics-oriented users.

The sale underscores continued interest from private investors and owner-users seeking smaller, well-located industrial assets in a tightening market characterized by low vacancy rates and steady rental growth. South Tucson’s industrial corridor has seen increased absorption in 2025 as businesses expand operations to serve the growing manufacturing, construction, and logistics sectors tied to regional supply chain growth.

According to Hooker, the property’s functionality and access made it an appealing acquisition for Basileus Capital, which plans to reposition the building for specialized industrial use.

“Demand remains strong for small to mid-sized industrial buildings under 10,000 square feet,” Hooker said. “These properties rarely stay on the market long, particularly in central locations with easy freeway access.”

For more information, Hooker can be reached at 520.546.2704, and McCall is at 480.452.6731.