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Quik Mart
5642 S Alvernon Way, Tucson, AZ 85706
Listing Price: $3,823,168
Investment Overview
The NNN Pro Group is pleased to present the exclusive listing for the Quik Mart located at 5642 S Alvernon Way, in Tucson, Arizona. The site consists of roughly 4,100 rentable square feet of building space on estimated 1.61-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 $212,399 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
Financing By
Listing Price: $3,823,168
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 5642 S Alvernon Way, in Tucson, Arizona. The site consists of roughly 4,100 rentable square feet of building space on estimated 1.61-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 $212,399 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
Financing By
