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Sun Auto 2756 S Kolb Rd 5,553 SF Retail Building Tucson, AZ 85730 $2,654,347 ($478.00/SF) 5.75% Cap Rate
Investment Highlights
- New 21-Year NNN Lease | The tenant has committed to a brand-new 21-year Triple Net (NNN) lease with no landlord responsibilities
- Annual Rent Increases | The lease includes 1.75% annual rental escalations, ensuring built-in income growth and hedge against inflation
- Strong Corporate Guarantee (Sun Auto)
Executive Summary
Surmount is pleased to present the exclusive listing for a Sun Auto located at 2756 S Kolb Rd, Tucson, AZ 85730. The site consists of roughly 5,553 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Sun Auto is subject to a 21 year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $152,625 and has scheduled increases of 1.75% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,553 SF
Building Class
B
Year Built
1980
Price
$2,654,347
Price Per SF
$478.00
Cap Rate
5.75%
NOI
$152,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.09 AC
Zoning
C-2 - C2 - Commercial district predominantly residential in character
Frontage
77’ on Kolb Rd
Amenities
- Bus Line
- Signage
- Air Conditioning
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $240,528 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$240,528
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Sun Auto | 2756 S Kolb Rd
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