Listed by Matthews
$2,013,410
Circle K | Absolute NNN Corporate Lease
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,015
Cap Rate 5.50%
NOI $110,737
Occupancy 100%
Tenancy Single
Brand/Tenant Circle K, Valvoline
Lease Type Absolute NNN
Remaining Term 4
Rent Bumps Yes
Lease Options Three, 5-year; Two 10-year
Price per SqFt $668
Year Built 1994
Buildings 1
Stories 1
Acreage 0.740
Tenant Credit Corporate Guarantee
Growing Sunbelt MSA | Strong Demographics
Marketing description
- Absolute NNN Lease – Featuring a long-term absolute triple-net lease, the property provides investors with a highly stable, passive income stream and zero landlord responsibilities.
- Corporate Lease – Investment Grade Tenant Profile – The lease is guaranteed by Alimentation Couche-Tard Inc., a globally recognized convenience store operator with strong financial backing and a large international footprint.
- Located Along the Highly Trafficked Speedway Boulevard – The property sits at the signalized intersection of Speedway Blvd and Houghton Rd with a combined traffic count of over 30,000 VPD.
- Strong Demographic Profile – The property is supported by a population base exceeding 138,000 residents within a 5-mile radius and an average household income of $122,000, providing a consistent consumer base aligned with broader Tucson market dynamics and reinforcing long-term tenant performance.
- Located in a Growing Sunbelt MSA (Tucson, AZ) – The asset is situated within the expanding Tucson metropolitan area, a key Southwest market experiencing population growth and economic expansion, driving sustained consumer traffic and supporting long-term tenant performance.
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,737.00
$9,228.08/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
C-1 CommercialGeneral CommercialCommercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 112 uses
View all 112 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
