Sun Auto Tire & Service
Retail | 5.85% CAP | 5,553 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Sun Auto located at 2756 S Kolb Rd, Tucson, AZ 85730. The site consists of roughly 5,553 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Sun Auto is subject to a 21 Years-year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $155,296 and has scheduled increases of 1.75% annually
Investment highlights
New 21-Year NNN Lease | The tenant has committed to a brand-new 21-year Triple Net (NNN) lease with no landlord responsibilities, providing long-term income stability.
Strong Corporate Guarantee (Sun Auto) | With over 500 locations and counting, the tenant continues to expand through a disciplined acquisition strategy across multiple states, solidifying its position as a market leader in auto service.
Annual Rent Increases | The lease includes 1.75% annual rental escalations, ensuring built-in income growth and hedge against inflation.
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