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Marathon Gas Station 16455 N Oracle Rd 1,742 SF Retail Building Tucson, AZ 85739 $2,587,826 ($1,485.55/SF) 5.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN - no landlord responsibilities
- Qualifies for bonus depreciation
- Full new renovation of the location with brand new plumbing, electrical, HVAC, fuel dispensers, etc.
- Long term primary lease (±20 years remaining)
- Rental increases every 5 years to hedge against inflation
- Location will have high sales from U-Haul and propane
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present the opportunity to acquire an Absolute NNN lease investment tenanted by a Marathon Gas Station and Convenience Store. The asset, fully renovated in 2025 with a new roof, HVAC, fuel dispensers, electrical, and plumbing systems, is secured by a long-term 20-year primary lease with 10% rent increases every five years and zero landlord responsibilities. This offering provides investors with a more passive, inflation-hedged income stream anchored by a strong operator with a personal guaranty.
Founded more than 130 years ago, Marathon Petroleum Corporation is a Fortune 25 integrated downstream energy leader headquartered in Findlay, Ohio. As the nation’s largest refiner, Marathon operates a vast network of refineries and thousands of branded fuel and convenience store locations nationwide. The franchisee, West Coasts Petroleum Newports, LLC, brings over 16 years of operational experience, managing 18 Marathon-branded locations across the Southwest. The guarantor reports a net worth exceeding $29 million and over $90 million in annual gross revenue, providing substantial financial strength behind the lease. For more information, visit www.marathonpetroleum.com.
Strategically positioned along Oracle Road (State Route 77), one of Tucson’s busiest north–south corridors, the property benefits from excellent visibility and access within the thriving North Tucson submarket. The area boasts an average household income exceeding $128,000 within a five-mile radius and continues to experience strong residential and commercial growth. A newly approved AutoZone development on the adjacent parcel further enhances the site’s retail synergy and long-term value.
This offering represents a great opportunity to acquire a fully renovated, long-term Absolute NNN Marathon Gas Station investment, and 100% bonus depreciation eligible asset in one of Tucson’s most desirable, high-income trade area, and stable suburban corridors.
Founded more than 130 years ago, Marathon Petroleum Corporation is a Fortune 25 integrated downstream energy leader headquartered in Findlay, Ohio. As the nation’s largest refiner, Marathon operates a vast network of refineries and thousands of branded fuel and convenience store locations nationwide. The franchisee, West Coasts Petroleum Newports, LLC, brings over 16 years of operational experience, managing 18 Marathon-branded locations across the Southwest. The guarantor reports a net worth exceeding $29 million and over $90 million in annual gross revenue, providing substantial financial strength behind the lease. For more information, visit www.marathonpetroleum.com.
Strategically positioned along Oracle Road (State Route 77), one of Tucson’s busiest north–south corridors, the property benefits from excellent visibility and access within the thriving North Tucson submarket. The area boasts an average household income exceeding $128,000 within a five-mile radius and continues to experience strong residential and commercial growth. A newly approved AutoZone development on the adjacent parcel further enhances the site’s retail synergy and long-term value.
This offering represents a great opportunity to acquire a fully renovated, long-term Absolute NNN Marathon Gas Station investment, and 100% bonus depreciation eligible asset in one of Tucson’s most desirable, high-income trade area, and stable suburban corridors.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,742 SF
Building Class
C
Year Built
1998
Price
$2,587,826
Price Per SF
$1,485.55
Cap Rate
5.75%
NOI
$148,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.12 AC
Zoning
CB-1, Catalina - CB-1, Catalina; community business
Parking
15 Spaces (8.61 Spaces per 1,000 SF Leased)
Frontage
219’ on Oracle Rd
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Marathon Gas Station
- Retailer
- 1,742 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Marathon Gas Station | Retailer | 1,742 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 222-11-018A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $42,883 |
PROPERTY TAXES
Parcel Number
222-11-018A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$42,883
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Marathon Gas Station | 16455 N Oracle Rd
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