Cap Rate
5.50%
Gross SQFT
5,205
Term Remaining
±12.67 YRS
NOI
$149,139
Property Type
Retail
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN: No Landlord Responsibilities.
- LONG TERM LEASE: 12+ years of guaranteed lease term remaining.
- HIGH TRAFFIC LOCATION: Located on the off ramp of I-10, a major highway connecting Tucson to Phoenix and beyond, that experiences 70,000+ vehicles per day
- HIGH FOOT TRAFFIC: Ranks in the top 16% in terms of foot traffic when compared to Jack in the Box’s nationwide, according to Alpha Maps.
- ADDITIONAL FOOT TRAFFIC: Gas station attached, motivating travelers to not only stop for gas but order food.
- STRATEGIC LOCATION: Located on a signalized intersection.
- E-COMMERCE PROOF AND RECESSION-RESISTANT INDUSTRY: Food and gas are a necessity that provides you with a reliable income stream.
- HEDGE AGAINST INFLATION: CPI increases every 5 years capped at 8%.
- LARGE LOT: Building is situated on 1.42 Acres of land.
Broker of Record
- David Harrington
- License No. CO701910000 (AZ)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251