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Single-Tenant Vacant-User

Circle K

410 W Wickenburg Way, Wickenburg, AZ 85390

Listing Price: $554,400

Cap Rate
7.67%
Tenant Name
Circle K
Years Remaining On Lease
0.1
Guarantor
Corporate Guarantee
Rentable SF
2,773
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.33

Investment Overview

The subject property is a single-tenant Circle K convenience store located on West Wickenburg Way in Wickenburg, Arizona. The existing lease is set to expire on July 31, 2021 at which time the tenant will be closing their business and vacating the premises. The property is being offered as a redevelopment or owner / user opportunity with direct frontage on this well trafficked main arterial. Retailers in the area consist of Napa Auto Parts, National Bank of Arizona, Quick Lane Tire & Auto, Chase Bank, Maverik, Chevron, El Rancho Restaurant, Habitat for Humanity, Family Dollar and numerous other local businesses. The property is also just down the road from Historic Downtown Wickenburg. Built in 1966, the property consists of an approximate 2,772-square foot retail building* situated on approximately 0.32 acres of land*. The existing lease in place is Absolute Triple Net (NNN) and expires July 31, 2021 with monthly rent of $3,542. The tenant has informed the landlord that they will not be exercising any renewal options beyond this date. Located in Maricopa County, Wickenburg is located 50 minutes northwest of Phoenix. The town has a rich history that draws locals and visitors alike throughout the year.

Investment Highlights

  • Redevelopment or Owner / User Opportunity
  • - Average Household Income in Excess of $73K Within a One-Mile Radius
  • Current Lease Expires July 31, 2021 Providing Interim Income
  • Desirable + / - 2,772' square-foot building
  • Located on Main Arterial with Numerous Retailers and Businesses

Exclusively Listed By

Listing Price: $554,400

Cap Rate
7.67%
Tenant Name
Circle K
Years Remaining On Lease
0.1
Guarantor
Corporate Guarantee
Rentable SF
2,773
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.33

Investment Highlights

  • Redevelopment or Owner / User Opportunity
  • - Average Household Income in Excess of $73K Within a One-Mile Radius
  • Current Lease Expires July 31, 2021 Providing Interim Income
  • Desirable + / - 2,772' square-foot building
  • Located on Main Arterial with Numerous Retailers and Businesses

Investment Overview

The subject property is a single-tenant Circle K convenience store located on West Wickenburg Way in Wickenburg, Arizona. The existing lease is set to expire on July 31, 2021 at which time the tenant will be closing their business and vacating the premises. The property is being offered as a redevelopment or owner / user opportunity with direct frontage on this well trafficked main arterial. Retailers in the area consist of Napa Auto Parts, National Bank of Arizona, Quick Lane Tire & Auto, Chase Bank, Maverik, Chevron, El Rancho Restaurant, Habitat for Humanity, Family Dollar and numerous other local businesses. The property is also just down the road from Historic Downtown Wickenburg. Built in 1966, the property consists of an approximate 2,772-square foot retail building* situated on approximately 0.32 acres of land*. The existing lease in place is Absolute Triple Net (NNN) and expires July 31, 2021 with monthly rent of $3,542. The tenant has informed the landlord that they will not be exercising any renewal options beyond this date. Located in Maricopa County, Wickenburg is located 50 minutes northwest of Phoenix. The town has a rich history that draws locals and visitors alike throughout the year.

Exclusively Listed By

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