Circle K Absolute NNNLeased Offering 655 West 22nd Street, Tucson, AZ Cap Rate 5.25% tucson (Tucson, Arizona, US ) Built

$3,441,728 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,904 sq. ft.
  • Development Level: Built
  • Lot Size: 0.85 acres

Description

Circle K Absolute NNNLeased Offering 655 West 22nd Street, Tucson, AZ Cap Rate 5.25%

Cap Rate: 5.25%
NOI: $180,690
Building Size: 2,904 sqft
Lot Area: 0.85 acres
Lease Type: Absolute Net

Price: $3,441,728 USD

DESCRIPTION
The subject property is a Circle K at 655 W 22nd St, Tucson, AZ, 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 10% increases every 5 years and four, 5-year options and two, 10-year options to renew. This location reports strong, upward-trending sales.

The asset is well situated near several retailers and hotel chains. Neighboring retailers include Restaurant Depot, Wells Fargo, Walgreens, Chase Bank, Pep Boys, Dollar General and more.

HIGHLIGHTS
• Absolute NNN Leased Offering
• Zero Landlord Obligations
• Scheduled Increases In Rent
• Tenant Reports Exceptional Store Sales And Profit
• Located In Major Retail Trade Area
• Heavily Trafficked Location
• Excellent Freeway Access

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#440583232
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Information is deemed to be correct but not guaranteed.