Building Details

Tenancy Multi

Listing Agency: CBRE - Phoenix

Listed By: Michael Hackett · License #AZ

Source: Crexi

Added: Apr 14 Changed: Aug 8 Last Checked: Jul 23 at 4:05PM

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Investment Insights

Based on property information with market context.

The Shoppes at Bears Path is a 43,838-square-foot, multi-tenant retail shopping center. The property is situated on approximately 7.9 acres and features an existing tenant roster, currently 66.7% occupied. Tenants include Leslie’s Pool Supplies, University of Arizona, State Farm, and Edward Jones, with additional mentioned centers tenants including CVS and La Petite Academy (not part of the sale).

The shopping center is located at the southwest corner of Tanque Verde Road and Bear Canyon Road in the Tanque Verde Valley area of Tucson, Arizona. The current tenant mix is presented as a complement to ongoing consumer draw, with select tenants described in the remarks as COVID resistant.

Key Highlights

• Multi‑tenant retail shopping center totaling 43,838 SF in Tucson, Arizona
• Located on approx. 7.9 acres at the southwest corner of Tanque Verde Road and Bear Canyon Road
• Currently 66.7% occupied with a tenant roster including Leslie’s Pool Supplies, University of Arizona, State Farm and Edward Jones

Property Analytics

Property Profile

Current Use

Leslie's (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Law Firm Electrical Service Plumbing Service Daycare Center Grocery & Convenience Store

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

66.7%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

423

Businesses Nearby

126k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 31% Dining 29% Groceries 24% Home Improvements & Furnishings 8%

Safeway Groceries

29,927 visits/mo 0.2 miles

McDonald's Dining

19,114 visits/mo 0.1 miles

Speedway Shops & Services

10,393 visits/mo 0.2 miles

Circle K Shops & Services

9,698 visits/mo 0.2 miles

Ace Hardware Home Improvements & Furnishings

9,440 visits/mo 0.3 miles

Demographics for 85749, AZ

19,009

Population

8,619

Households

2.2

Avg Household Size

55

Median Age

55%

College-Educated

97%

High-School Grad

48.3 sq mi

ZIP Area

394

Density / Sq Mi

$108,444

Median Household Income

$55,408

Median Earnings

$1,456

Median Rent

$553,800

Median Home Value

Market

Vacancy Rate% for Retail in Tucson, AZ

7.4% 2019

8.3% 2020

7.5% 2021

6.8% 2022

6.5% 2023

6.4% 2024

6.2% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant retail shopping center on Tanque Verde Road and Bear Canyon Road, currently 66.7% occupied.

Where is this shopping center located?

The property is located at 8800 E Tanque Verde Rd Tucson, AZ.

What are key features of this property?

This property features: Multi‑tenant retail shopping center totaling 43,838 SF in Tucson, Arizona; Located on approx. 7.9 acres at the southwest corner of Tanque Verde Road and Bear Canyon Road; Currently 66.7% occupied with a tenant roster including Leslie’s Pool Supplies, University of Arizona, State Farm and Edward Jones