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Quik Mart 2200 E Broadway Blvd 3,500 SF Retail Building Tucson, AZ 85719 $2,604,398 ($744.11/SF) 6.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Reinvestment into Sites and Reimaged
- Bonus Depreciation Opportunity
- Dense Retail and Services Cluster
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Quik Mart located at 2200 E Broadway Blvd, Tucson, AZ 85719. The site consists of roughly 3,500 rentable square feet of building space on an estimated 0.92-acre parcel of land. This Quik Mart is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $166,716 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,500 SF
Building Class
C
Year Built
1992
Price
$2,604,398
Price Per SF
$744.11
Cap Rate
6.40%
NOI
$166,716
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.92 AC
Zoning
C-2, Tucson
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 129-01-018Q | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $94,900 |
PROPERTY TAXES
Parcel Number
129-01-018Q
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$94,900
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Quik Mart | 2200 E Broadway Blvd
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