Circle K Absolute NNN Leased Offering 7510 West Peoria Avenue, Peoria, AZ Cap Rate 5.75% Peoria (Arivaca, Arizona, US ) Built

$1,908,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,094 sq. ft.
  • Development Level: Built
  • Lot Size: 0.92 acres

Description

Circle K Absolute NNN Leased Offering 7510 West Peoria Avenue, Peoria, AZ Cap Rate 5.75%

Cap Rate: 5.75%
NOI: $109,767
Building Size: 3,094 sqft
Lot Area: 0.92 acres
Lease Type: Absolute Net


Price: $1,908,000 USD

DESCRIPTION
The subject property is a Circle K at 7510 W Peoria Avenue, a convenience store and gas station offering a wide variety of products for people on the go. The tenant has an absolute NNN lease with zero landlord obligations. The lease calls for 5% increases every 5 years and at each option (one, 3-year option, followed by four, 5-year options and two, 10-year options to renew).

The asset is well situated near several retailers including PepBoys, McDonald’s, Planet Fitness and Walmart Supercenter.

HIGHLIGHTS
•• Absolute NNN Leased Offering
• Zero Landlord Obligations
• Scheduled Increases In Rent
• Located In Major Retail Trade Area
• 100% Fee Simple Interest

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#440576520
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Information is deemed to be correct but not guaranteed.