This Retail Property is no longer advertised on LoopNet.com.

6649 W Thomas Rd
Phoenix, AZ 85033
Circle K · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,673 SF
Building Class
C
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.46 AC
Zoning
C-2, Phoenix
Frontage
81’ on 67th Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 6649 W THOMAS RD , PHOENIX, AZ 85033

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 $1,972,500 in 2016 (healthy 2.54% 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: An estimated 73,400 cars per day at the intersection of Thomas Road and 67th Avenue offering excellent real estate fundamentals Dense Infill Location: Over 206,767 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 $1.56 per square foot

Property Taxes

Property Taxes

Parcel Number
103-11-005H
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$69,039
  • Listing ID: 9515615

  • Date on Market: 10/10/2017

  • Last Updated:

  • Address: 6649 W Thomas Rd, Phoenix, AZ 85033

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