Miscellaneous
Quik Mart
1250 E Fort Lowell Rd, Tucson, AZ 85719
Listing Price: $1,307,829
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Quik Mart located at 1250 E Ft Lowell Road, in Tucson, Arizona. The site consists of roughly 2,316 rentable square feet of building space on estimated 0.34-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 $75,854 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: $1,307,829
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 1250 E Ft Lowell Road, in Tucson, Arizona. The site consists of roughly 2,316 rentable square feet of building space on estimated 0.34-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 $75,854 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
