Retail Space in Park
For Lease
$25 SF/Yr
245 South Wilmot Road, Tucson, AZ 85711
New retail development in the Park Place Mall area.
Space SizeContact for details
Days on Market150
Property Features for 245 South Wilmot Road
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Tucson
(520) 323-5130
Listed By:
Jesse Peron · License #SA571953000
(520) 323-5130
Source:
Cbre
Added: Mar 25
Changed: Aug 17
Last Checked: Aug 20 at 12:17PM
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.
This newly built retail development offers approximately 10,500 square feet of space. It is situated in the Park Place Mall regional trade area. The location benefits from nearby restaurants and retailers, including Total Wine and More, Dillard's, Forever 21, Applebee's, Red Lobster, Best Buy, Cost Plus World Market, Pier 1 Imports, Savers, LA Fitness, Texas Roadhouse, BevMo, Tuesday Morning, and Famous Footwear. Recent additions to the intersection include Kneaders Bakery & Cafe, Dick's Sporting Goods, Nordstrom Rack, and Raising Cane's. Monument signage is available. The property is suitable for restaurant uses.
Key Highlights
- Located in the heart of the Park Place Mall regional trade area.
- Newly built, ±10,500 SF retail development.
- Benefits from surrounding restaurants and retailers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
625k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Apparel 29%
Groceries 14%
Electronics 7%
T.J. Maxx
Apparel
66,084 visits/mo
0.2 miles
Raising Cane's Chicken Fingers
Dining
59,265 visits/mo
0.1 miles
Dillard's
Apparel
59,255 visits/mo
0.4 miles
Total Wine & More
Groceries
58,282 visits/mo
0.4 miles
Best Buy
Electronics
40,916 visits/mo
0.4 miles
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
$17.9 /SF/Yr
Avg Asking Price
$9–$30 /SF/Yr
Price Range
4,760 SF
Avg Space Size
This space is priced 40% above the average of $17.9 /SF/Yr.
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New retail development in the Park Place Mall area.
Where is this retail space located?
The property is located at 245 South Wilmot Road Tucson, AZ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located in the heart of the Park Place Mall regional trade area.; Newly built, ±10,500 SF retail development.; Benefits from surrounding restaurants and retailers.
