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Central Tucson Office Space Available
For Lease
$15.50 SF/Yr

1037 South Alvernon Way, Tucson, AZ 85711

Office suites for lease in central Tucson location.

Space SizeContact for details
Days on Market150

Property Features for 1037 South Alvernon Way

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Tucson
Listed By: Bruce Suppes · License #SA543260000
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 20 at 10:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Tucson

Investment Insights

Based on property information with market context.

Located along Alvernon Way, this property offers office suites suitable for financial services, real estate, insurance, and other businesses. The location caters to the Southeast, Central, and South submarkets. Suite 200 and Suite 201 each offer approximately 2,500 square feet of space on the second floor, totaling approximately 5,000 square feet. The property is zoned O-3 by the City of Tucson. Situated across the street from Reid Park and near Randolph Golf, the location provides convenient access to the University of Arizona, Tucson International Airport, Davis-Monthan Air Force Base, and El Con Mall.

Key Highlights

  • Very central location on Alvernon Way, a heavily‑traveled thoroughfare.
  • Full Service lease at $15.50/SF.
  • O‑3 zoning allows for a variety of potential tenant uses including financial services, real estate, and insurance.

Property Analytics

Current Use

Cayce & Associates Law Law Firm Octavia Media Marketing & Advertising Sure Choice Insurance Insurance Agency IdentGo Medical Clinic DOT Drug and Alcohol ... Drug Testing Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 85711, AZ

41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value

Market

Lease Benchmarks for Tucson, AZ

$29.49 /SF/Yr
Avg Asking Price
$1.33–$407 /SF/Yr
Price Range
5,076 SF
Avg Space Size

This space is priced 47% below the average of $29.49 /SF/Yr.

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suites for lease in central Tucson location.
Where is this office units located?
The property is located at 1037 South Alvernon Way Tucson, AZ.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Very central location on Alvernon Way, a heavily‑traveled thoroughfare.; Full Service lease at $15.50/SF.; O‑3 zoning allows for a variety of potential tenant uses including financial services, real estate, and insurance.
More about this property
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