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- LoopNet Team
5849 N 35th Ave
Phoenix, AZ 85017
Circle K · Retail Property For Sale
Property Facts
Amenities
- Signalized Intersection
- Drive Thru
About 5849 N 35TH AVE , PHOENIX, AZ 85017
Recent Lease Extension: Circle K recently agreed to a 10-year lease extension speaking to the strength of location Strong Performing Location: Circle K reported sales of $2,049,100 in 2016 (2.44% rent-to-sales ratio) Corporate Guaranteed Lease (Circle K Convenience Stores, Inc.) Investment Grade S&P BBB credit rating Absolute NNN Lease: No landlord maintenance responsibilities offering an investor passive cash flow Established Location: Circle K has successfully operated out of this location for over 30 years Signalized Hard Corner: 68,050 cars per day at the intersection of 35th Avenue and Bethany Home Road offering excellent real estate fundamentals Dense Infill Location: Over 207,000 potential customers residing within 3-miles of the subject property Rent is Below Market: Below market rent when compared to similar stand-alone gas station properties; Circle K only pays $1.39 per square foot
Property Taxes
| Parcel Number | 153-01-150A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $68,222 |
Property Taxes
