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Quik Mart

3250 W Cortaro Farms Rd, Tucson, AZ 85742

Listing Price: $2,752,000

Cap Rate
6.25%
Tenant Name
Southwest Convenience SPE, LLC
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.80

Investment Overview

The NNN Pro Group is pleased to present the exclusive listing for the Quik Mart located at 3250 W Cortaro Farms Road, in Tucson, Arizona. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.42-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 $130,182 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

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s) AZ: SA659077000

    Arizona

Financing By

Auto Service - Gas-Conv

Quik Mart

Listing Price: $2,752,000

Cap Rate
6.25%
Tenant Name
Southwest Convenience SPE, LLC
Years Remaining On Lease
19.7
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$68.80

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

The NNN Pro Group is pleased to present the exclusive listing for the Quik Mart located at 3250 W Cortaro Farms Road, in Tucson, Arizona. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.42-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 $130,182 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

  • James K. Crawley

    Associate Regional Manager

    (602) 687-6700

    License(s): AZ: SA659077000

    Arizona

Financing By

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