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Quik Mart 8685 N Silverbell Rd 3,000 SF Retail Building Tucson, AZ 85743 $5,200,000 ($1,733.33/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee
- Reinvestment into Sites and Reimaged
- Bonus Depreciation Opportunity
- High-Traffic Retail Corridor with Dense Co-Tenancy
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Quik Mart located at 8685 N Silverbell Rd, Tucson, AZ 85743. The site consists of roughly 3,000 rentable square feet of building space on an estimated 1.25-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 $325,000 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,000 SF
Building Class
B
Year Built
1997
Price
$5,200,000
Price Per SF
$1,733.33
Cap Rate
6.25%
NOI
$325,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.25 AC
Zoning
MAR
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 221-21-006C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $141,884 |
PROPERTY TAXES
Parcel Number
221-21-006C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$141,884
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Quik Mart | 8685 N Silverbell Rd
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