Miscellaneous
Quik Mart
6301 S Park Ave, Tucson, AZ 85706
Listing Price: $2,000,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Quik Mart located at 6301 S Park Avenue, in Tucson, Arizona. The site consists of roughly 2,270 rentable square feet of building space on estimated 0.32-acre parcel of land. This Quik Mart is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $119,815 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
Listing Price: $2,000,000
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
- Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Quik Mart located at 6301 S Park Avenue, in Tucson, Arizona. The site consists of roughly 2,270 rentable square feet of building space on estimated 0.32-acre parcel of land. This Quik Mart is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $119,815 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
