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| Price $2,867,000 | Built/Renov 1982 | Tenant Quik Mart |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,500
| Lease Start
04-05-2023
| #Units
17
|
| Price/SF $1,146.80 | Expiration
04-30-2043
| Tenant Type Convenience/Gas |
| NOI $172,000 | R. Term 18.4 | Ownership Fee Simple |
| Rent/SF
$68.80
| Increases 10.0%/4/yrs | Pop 5Mi 130,708 |
| Lot/AC 0.42 | Options 4/5yrs/10% | AHHI 5Mi $94,548 |
| | |
Quik Mart is strategically located on W Cortaro Farms Road, with access to 18,000 vehicles passing by daily. The property offers immediate connection to N Casa Grande Hwy 10 (104,500 VPD) and is close to the Casa Adobes Country Club Estates Community. Additionally, it enjoys convenient access to the Legacy Traditional School. The immediate area is surrounded by well-known national retailers,...
...Hard corner intersection
Strategically located
Highway close
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Accelerated depreciation
Corporate Guarantee
Quik Mart Stores, Inc. is a chain of convenience stores which have become known as the local choice in the Tucson convenience store marketplace. The company is the largest independent convenience...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 10,627 | 65,080 | 136,471 |
| 2023 Total Population : | 10,795 | 63,961 | 134,340 |
| 2023 Employed Civilian Pop : | 5,102 | 31,571 | 63,835 |
| 2023 Total Businesses : | 165 | 1,673 | 4,162 |
| 2023 Average Household Income : | $ 97,358 | $ 98,591 | $ 108,557 |
| 2023 Total Consumer Spending : | $ 373 M | $ 2231 M | $ 5210 M |
| 2023 Median Age : | 41 | 41 | 43 |
| 2023 Total Households : | 4,484 | 26,291 | 55,825 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,978 | 10,363 | 24,258 |
| 2023 Average Home Value : | $ 291,205 | $ 305,242 | $ 343,803 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Cortaro Farms Rd | W Club Dr | 2019 | 14,567 | 0.02 mi |
| W Club Dr | W Cortaro Farms Rd | 2014 | 2,449 | 0.03 mi |
| W Club Dr | W Cortaro Farms Rd | 2014 | 1,595 | 0.05 mi |
| W Cortaro Farms Rd | W Club Dr | 2014 | 13,243 | 0.06 mi |
| W Moondance Way | N Midnight Way | 2007 | 428 | 0.06 mi |
| N Hopdown Ave | Club Dr | 2011 | 1,929 | 0.17 mi |
| N Shannon Rd | Club Dr | 2011 | 13,000 | 0.33 mi |
| W Cortaro Farms Rd | W Magee Rd | 2015 | 15,579 | 0.33 mi |
| W Cortaro Farms Rd | Albany Ave | 2016 | 18,098 | 0.35 mi |
| N Shannon Rd | Club Dr | 2015 | 10,220 | 0.35 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
