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Former Walgreens Retail Space Available
For Lease
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525 West Valencia Road, Tucson, AZ 85706

Sublease opportunity in Tucson with high visibility and traffic.

Space SizeContact for details
Days on Market150

Property Features for 525 West Valencia Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Tucson
Listed By: Shannon Murphy · License #BR116897000
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 21 at 12:21PM

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 commercial property, formerly a Walgreens, offers a sublease opportunity with the master lease term ending December 31, 2026. The property is zoned C-1 in Tucson. It features excellent hard corner visibility and is located approximately 0.5 miles east of Interstate I-19. The location benefits from high traffic counts along Valencia Road, with more than approximately 63,000 vehicles per day at the intersection.

Key Highlights

  • Excellent hard corner visibility.
  • High traffic counts along Valencia - more than ±63,000 VPD at the intersection.
  • Located just ½ mile East of Interstate I‑19.

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Building Supply Pharmacy Kitchen & Bath Showroom Restaurant (Bike/Boat/Book/etc) Store Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85706, AZ

54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Sublease opportunity in Tucson with high visibility and traffic.
Where is this drug store located?
The property is located at 525 West Valencia Road Tucson, AZ.
What are key features of this property?
This property features: Excellent hard corner visibility.; High traffic counts along Valencia - more than ±63,000 VPD at the intersection.; Located just ½ mile East of Interstate I‑19.
More about this property
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