Auto Parts Chains, Advance Auto Parts and Pep Boys, Scale Back Tucson Footprint

Auto Parts

1300 South 6th Avenue, Tucson

TUCSON, AZ (November 11, 2025) — Two major auto-parts retailers, Advance Auto Parts and Pep Boys, appear to be scaling back operations across the Tucson market as part of broader national restructuring efforts that are leading to hundreds of store closures nationwide.

Advance Auto Parts announced plans in late 2024 to close more than 700 stores nationwide — including roughly 500 company-owned locations and four distribution centers — by mid-2025. Several Tucson addresses have already gone dark, including 7227 E. 22nd Street and 1300 S. 6th Avenue, both of which are now listed as permanently closed on the company’s official store locator site. The closures are part of the retailer’s effort to streamline operations, reduce costs, and stabilize profitability amid declining same-store sales and competitive pressures from O’Reilly Auto Parts and AutoZone.

3787 N Oracle Rd, Tucson

Pep Boys has also shuttered multiple Tucson-area stores in recent months. Locations at 3645 E. Speedway Boulevard and 3783 N. Oracle Road are now marked “permanently closed” on public business-listing sites. The company, founded in 1921 and acquired by Icahn Enterprises in 2016, has been gradually exiting its retail footprint nationwide to focus more on automotive service and fleet maintenance operations.

While neither company has formally announced a complete withdrawal from Southern Arizona, the pattern of closures suggests both brands are retrenching from slower-performing trade areas. Any remaining Tucson locations are expected to be evaluated as national portfolio adjustments continue into 2026.

Industry sources indicate that Marcus Cook, Principal at Cresa, is managing national disposition and re-leasing assignments tied to Pep Boys locations and select Advance Auto Parts / Carquest boxes. Cresa’s own announcements cite Cook’s role in “disposition, re-leasing optimization, and growth” of the Pep Boys portfolio nationally, and his client list includes both chains. Cook can be reached at 224. 522.1344 | [email protected]

The contraction reflects a broader consolidation trend within the automotive aftermarket sector, where retailers face higher operating costs, thinner margins, and increasing online competition. Vacant storefronts left by these closures could present short-term opportunities for discount retailers, tire chains, or neighborhood service operators seeking accessible, high-visibility pad sites.

Real Estate Daily News will continue monitoring these retail shifts and report when confirmed property re-tenanting or redevelopment activity occurs.




C&W PICOR: Tucson Office Marketbeat – Q3 2025 Summary

Tucson Office Marketbeat

TUCSON, AZ (November 11, 2025) — Cushman & Wakefield | PICOR is reporting the Tucson Office Marketbeat. Tucson metro non-farm employment stood at approximately 398,100 jobs. Unemployment rose slightly to 4.2%. The median household income increased to approximately $74,000, up roughly 3.2 percent year-over-year, supporting local demand. Population growth was modest (around 0.6 percent year-over-year), but still above the U.S. average, which helped bolster housing and services. Overall, the economy is described as stable with supportive fundamentals despite national headwinds, including high interest rates and inflation.

Supply & Demand (Office Market)

The overall office vacancy rate was 10.2 percent at the end of Q3. Year-to-date net absorption was negative 17,628 square feet, indicating a slight contraction in occupied space. Large lease transactions were driven by the healthcare sector, including Tucson Medical Center’s leases totaling more than 100,000 square feet on Wilmot Road. Submarket performance varied: the Foothills and Northwest suburbs performed strongly with low vacancy, while downtown Tucson showed moderate leasing activity, and the East and West submarkets experienced higher vacancies. Speculative office construction remains limited due to high costs and existing space availability.

Pricing & Sales Activity

Average asking rent for all office classes was $24.28 per square foot overall, with Class A office space averaging around $25.15 per square foot. Sales activity remained light, as investors remained cautious amid high construction and financing costs. A notable sale was 55,244 square feet at 5320 N. La Cholla Blvd. in the North/Oro Valley submarket for approximately $7.4 million ($134.56 per square foot). Investor focus remains on value-add or repositioning opportunities rather than new construction.

Submarket Highlights

  • Central Tucson: 10.8% vacancy, $24.15 psf average asking rent, Class A at $26.94 psf.
  • East Tucson: 16.1% vacancy, $20.30 psf asking rent.
  • Foothills: 4.3% vacancy, $30.79 psf asking rent (highest among submarkets).
  • North/Oro Valley: 7.9% vacancy, $21.63 psf average, Class A $25.36 psf.
  • West Tucson: 23.2% vacancy, $19.24 psf asking rent.

Outlook & Implications

Tucson’s office market remains stable but soft, with modest leasing momentum and slightly negative absorption. Healthcare continues to anchor office demand in the region. Future upside is limited until interest rates decline, which could reinvigorate investor activity and new construction. Adaptive reuse is an emerging trend, as older office buildings—especially those used as call centers—are being repurposed for industrial or mixed-use applications.

Key Statistics (Q3 2025)

  • Vacancy: 10.2%
  • Asking rent (all classes): $24.28 per square foot
  • Year-to-date net absorption: -17,628 square feet
  • Largest lease: ~77,971 square feet (Tucson Medical Center)
  • Notable sale: 55,244 square feet at $134.56 psf (North/Oro Valley)

Read the full report here.




TUCSON LEASE REPORT – Week of November 3–7, 2025

Tucson lease report

TUCSON, AZ (November 10, 2025) — A total of 72,152 square feet of lease activity was reported this week to Tucson Lease Report across industrial, retail, and office properties in Southern Arizona, led by the 14,902-square-foot lease to Davis Kitchens at Valencia Tech Park, handled by Isaac Figueroa. Industrial transactions accounted for the largest share of new space leased. At the same time, notable office and medical activity included Haven Health at Tri-Point Plaza by Richard M. Kleiner, MBA, and Alexis Corona with Cushman & Wakefield | PICOR and Michael Coretz with the Commercial Real Estate Group; Uplift Hospice by Phil Skillings and Kyle Kilgore with NAI Horizon, at the Williams Centre, and Unified Women’s Healthcare’s renewal and expansion in Oro Valley by Andrew Sternberg of Remedy Medical Properties.

The following leases were reported to the Real Estate Daily News for the week of November 3–7, 2025.

INDUSTRIAL – 3000 E. VALENCIA RD., TUCSON, 85706, SOUTH AIRPORT SUBMARKET
LL Industries, Inc. dba Davis Kitchens leased 14,902 square feet at Valencia Tech Park, Suite 190. Isaac Figueroa, CCIM, SIOR, represented the landlord, Larsen Baker, and handled the transaction.

INDUSTRIAL – 4650 S. COACH DR., TUCSON, 85714, SOUTH SUBMARKET
Turf Designs sublet 10,455 square feet from Avanti Windows & Doors, LLC. Alex Demeroutis, Industrial Specialist with Cushman & Wakefield | PICOR, represented both parties. Adrea Pringle with Cresa, Phoenix, represented the sublessor.

INDUSTRIAL – 3529 E. GOLF LINKS RD., TUCSON, 85713, SOUTH SUBMARKET
Ballet Tucson leased 10,010 square feet from Tin Cup Properties, LLC. Alex Demeroutis, Paul Hooker, SIOR, and Jesse Blum, SIOR, with Cushman & Wakefield | PICOR, represented the landlord. Hank Amos with Tucson Realty & Trust Co. represented the tenant.

INDUSTRIAL – 1700 E. 18TH ST., TUCSON, 85719, CENTRAL SUBMARKET

Ampcera Inc. renewed its lease for 7,700 square feet at Tucson Tech Park, Suites 100–105. Andrew Keim and Alex Demeroutis with Cushman & Wakefield | PICOR represented the landlord, SBC Investors, LLC.

OFFICE – 6375 E. TANQUE VERDE RD., TUCSON, 85715, NORTHEAST SUBMARKET
Tucson Home Health, LLC dba Haven Health, leased 4,844 square feet at Tri-Pointe Plaza, Suites 160–180.  represented the landlord, Interra Sky Tri-Pointe, LLC. Michael Coretz with the Commercial Real Estate Group of Tucson represented the tenant.

INDUSTRIAL – 2706 N. SILVERBELL RD., TUCSON, 85745, WEST SUBMARKET
Crown Home Services, LLC dba Mister Sparky leased 3,600 square feet at Silverbell Flex Center, Suites 2140–2160. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, with Larsen Baker represented the landlord.

OFFICE – 5285 E. WILLIAMS CIRCLE, TUCSON, 85711, EAST SUBMARKET
Grace Hospice and Palliative Care, LLC dba Uplift Hospice, leased 3,450 square feet at the Williams Centre. Phil Skillings and Kyle Kilgore with NAI Horizon represented the landlord, while Scott Boardman with Cushman & Wakefield represented the tenant.

MEDICAL OFFICE – 1521 E. TANGERINE RD., ORO VALLEY, 85755, NORTHWEST SUBMARKET
Unified Women’s Healthcare renewed and expanded its lease, totaling 3,501 square feet. CBRE’s David Montijo represented the tenant. The landlord, Oro Valley 1521 APL MP LLC was represented by Andrew Sternberg of Remedy Medical Properties Inc.

MEDICAL OFFICE – 2001 W. ORANGE GROVE RD., TUCSON, 85704, NORTHWEST SUBMARKET
Kino College leased 2,500 square feet at Suite 252. CBRE’s David Montijo represented the landlord, SPE Desert Life MOB, LLC. The tenant was self-represented.

INDUSTRIAL – 3860 S. PALO VERDE RD., TUCSON, 85714, SOUTH SUBMARKET
Smith & Annala Engineering Co. renewed its lease for 2,647 square feet at Palo Verde Business Center, Suite 315. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord, Pegasus Tucson Owner LLC.

MEDICAL OFFICE – 310 N. WILMOT RD., TUCSON, 85711, EAST SUBMARKET
Park Family Medicine LLC leased 1,550 square feet at Suite 301. CBRE’s David Montijo represented the landlord, SPE N Wilmot 310 MOB LLC. David Carroll of Paul Ash Management Co. represented the tenant.

OFFICE/INDUSTRIAL – 6894 N. CAMINO MARTIN, TUCSON, 85741, NORTHWEST SUBMARKET
Project Eternal Freedom leased 1,500 square feet, Suite 110, from Camino Martin Partners II LLC. Max Fisher with BRD Realty handled this transaction.

INDUSTRIAL – 3819 E. EVANS BLVD., TUCSON, 85713, SOUTH SUBMARKET
Ninyo & Moore Geotechnical and Environmental Sciences Consultants Inc. leased 1,578 square feet at Ajo/Evans Business Park, Suite 301. Alex Demeroutis and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord, FJM Merced Associates, LP. Max Fisher with BRD Realty represented the tenant.

OFFICE – 310 S. WILLIAMS BLVD., TUCSON, 85711, EAST SUBMARKET
Dilts & Geddings Accounting and Tax, LLC leased 1,381 square feet at Williams Centre, Suite 145. Ryan McGregor with Cushman & Wakefield | PICOR represented the landlord, DHS Property Investments, Ltd. Partnership.

INDUSTRIAL – 1870 W. PRINCE RD., TUCSON, 85705, CENTRAL SUBMARKET
SRV Temperature Solutions renewed its lease for 1,440 square feet at Exchange Place, Suite 19. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord, Pegasus Tucson Owner LLC.

INDUSTRIAL – 3210 S. DODGE BLVD., TUCSON, 85713, SOUTH SUBMARKET
Vista Service Station Maintenance and Construction, Inc. leased 1,200 square feet, Suite 6. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord, Pegasus Tucson Owner LLC.

INDUSTRIAL – 245 S. PLUMER AVE., TUCSON, 85719, CENTRAL SUBMARKET
Legg’s LLC leased 1,200 square feet at Commerce Plaza, Suite 27. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord, Pegasus Tucson Owner LLC. Kelly Doty with Long Realty Company represented the tenant.

INDUSTRIAL – 3230 S. DODGE BLVD., TUCSON, 85713, SOUTH SUBMARKET
Tyrexperts leased 1,200 square feet, Suite 5. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord, Pegasus Tucson Owner LLC.

RETAIL – 1101 S. NACO HWY., BISBEE, 85603, BISBEE PLAZA – COCHSIE SUBMARKET
Copper State Baptist Church leased 1,200 square feet, Suite B-2. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, with Larsen Baker represented the landlord.

OFFICE – 2302 E. SPEEDWAY BLVD., TUCSON, 85719, CENTRAL SUBMARKET
Moxie Pest Control leased approximately 1,300 square feet, Suite 114. Cameron Casey with Oxford Realty Advisors represented the landlord.

RETAIL – 8051 E. LAKESIDE PKWY., TUCSON, 85730, EAST SUBMARKET
Luxury Pet Boutique and Grooming LLC leased 1,050 square feet of space, Suite 101. Molly Mary Gilbert, CCIM, with Cushman & Wakefield | PICOR, represented the landlord, LAKESIDE BP LLC.

INDUSTRIAL – 5007 E. 29TH ST., TUCSON, 85711, EAST SUBMARKET
Querobabi Tile Setters, LLC leased 1,000 square feet at Town Central Business Park. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord, Pegasus Tucson Owner LLC.

OFFICE – 1200 N. EL DORADO PLACE, TUCSON, 85715, NORTHEAST SUBMARKET
Estrada Advertising, LLC leased 810 square feet at El Dorado Square, Suite H-820. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, with Larsen Baker represented the landlord.

RENEWALS

INDUSTRIAL – 1700 E. 18TH ST., TUCSON, 85719, CENTRAL SUBMARKET
Ampcera Inc. renewed its lease for 7,700 square feet at Tucson Tech Park, Suites 100–105. Andrew Keim and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord, SBC Investors, LLC.

INDUSTRIAL – 3860 S. PALO VERDE RD., TUCSON, 85714, SOUTH SUBMARKET
Smith & Annala Engineering Co. renewed its lease for 2,647 square feet at Palo Verde Business Center, Suite 315. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord, Pegasus Tucson Owner LLC.

INDUSTRIAL – 1870 W. PRINCE RD., TUCSON, 85705, CENTRAL SUBMARKET
SRV Temperature Solutions renewed its lease for 1,440 square feet at Exchange Place, Suite 19. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord, Pegasus Tucson Owner LLC.

Submit sales and leases to [email protected].