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Quik Mart 7667 E Escalante Rd 2,325 SF Retail Building Tucson, AZ 85730 $1,745,200 ($750.62/SF) 6.50% Cap Rate
Investment Highlights
- Corporate Guarantee
- Proximity to Major Employers & Retailers
- Reinvestment into Sites and Reimaged
- High-Traffic Trade Area Anchored by Residential Density
Executive Summary
Surmount is pleased to present the exclusive listing for a Quik Mart located at 7667 E Escalante Rd, Tucson, AZ 85730. The site consists of roughly 2,325 rentable square feet of building space on an estimated 1.01-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 $113,438 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,325 SF
Building Class
B
Year Built
1975
Price
$1,745,200
Price Per SF
$750.62
Cap Rate
6.50%
NOI
$113,438
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.44 AC
Zoning
C-1 - Commercial Zone
Property Taxes
| Parcel Number | 136-21-5230 | Improvements Assessment | $54,652 |
| Land Assessment | $99,098 | Total Assessment | $153,750 |
Property Taxes
Parcel Number
136-21-5230
Land Assessment
$99,098
Improvements Assessment
$54,652
Total Assessment
$153,750
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Quik Mart | 7667 E Escalante Rd
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