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Miscellaneous

Quik Mart

3499 S Wilmot Rd, Tucson, AZ 85730

Listing Price: $1,944,311

Cap Rate
5.80%
Tenant Name
Quik Mart
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.26

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Quik Mart located at 3499 S Wilmot Road, in Tucson, Arizona. The site consists of roughly 2,200 rentable square feet of building space on estimated 0.74-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 $112,770 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.

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

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Miscellaneous

Quik Mart

Listing Price: $1,944,311

Cap Rate
5.80%
Tenant Name
Quik Mart
Years Remaining On Lease
19.9
Guarantor
Corporate Guarantee
Rentable SF
2,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.26

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 3499 S Wilmot Road, in Tucson, Arizona. The site consists of roughly 2,200 rentable square feet of building space on estimated 0.74-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 $112,770 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

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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