Log In/Sign Up
Your email has been sent.
Quik Mart 5642 S Alvernon Way 4,100 SF Retail Building Tucson, AZ 85706 $4,123,008 ($1,005.61/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Reinvestment into Sites and Reimaged
- Bonus Depreciation Opportunity
- Fee Simple Ownership with Strategic Positioning
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Quik Mart located at 5642 S Alveron Way, Tucson, AZ 85706. The site consists of roughly 4,100 rentable square feet of building space on an estimated 1.61-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 $261,811 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
4,100 SF
Building Class
C
Year Built
2001
Price
$4,123,008
Price Per SF
$1,005.61
Cap Rate
6.35%
NOI
$261,811
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.61 AC
Opportunity Zone
Yes
Zoning
C-2
Frontage
236’ on S Alvernon Way
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 140-05-033K | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $121,772 |
PROPERTY TAXES
Parcel Number
140-05-033K
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$121,772
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Quik Mart | 5642 S Alvernon Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.