Auto Service - Gas-Conv
Quik Mart - Corporate Guarantee
4280 E Benson Hwy, Tucson, AZ 85706
Listing Price: $2,783,000
Investment Overview
Quik Mart Stores, Inc. is a second-generation family business of 17 convenience Stores throughout Tucson and Pima County, Arizona. The Company is the largest independent convenience store retailer in the Tucson Metropolitan Statistical Area.
Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.
Quik Mart - Corporate Guarantee
Investment Highlights
- 19 Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (17+ Units)
- 10% Rental Increases Every Five Years with Multiple Renewal Options on Lease
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- 589,555 Residents within a 10-Mile Radius - Dense Tucson Infill
- Hard Corner Location with Easy Access to the I-10 Freeway (80,000 Cars per Day)
Listing Price: $2,783,000
Investment Highlights
- 19 Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (17+ Units)
- 10% Rental Increases Every Five Years with Multiple Renewal Options on Lease
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- 589,555 Residents within a 10-Mile Radius - Dense Tucson Infill
- Hard Corner Location with Easy Access to the I-10 Freeway (80,000 Cars per Day)
Investment Overview
Quik Mart Stores, Inc. is a second-generation family business of 17 convenience Stores throughout Tucson and Pima County, Arizona. The Company is the largest independent convenience store retailer in the Tucson Metropolitan Statistical Area. Tucson is the second largest metropolitan area in Arizona with just over one million residents and serves as an anchor to businesses located in the Southern Arizona corridor. Tucson offers its community an outstanding quality of life along with a low cost of doing business.
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