16455 N Oracle Rd - Service Station FOR SALE


Tucson, AZ 85739- Outer Oro Valley/Catalina
$2,587,826 USD
602-538-7155
16455 N Oracle Rd, Tucson, AZ for Sale
$2,587,826 USD
Service Station - FOR SALE
1/3
null | 5.75% Cap Rate

16455 N Oracle Rd
Tucson, AZ 85739
Outer Oro Valley/Catalina


HIGHLIGHTS

  • Absolute NNN - no landlord responsibilities
  • Long term primary lease (±20 years remaining)
  • Qualifies for bonus depreciation
  • Rental increases every 5 years to hedge against inflation
  • Full new renovation of the location with brand new plumbing, electrical, HVAC, fuel dispensers, etc.
  • Location will have high sales from U-Haul and propane

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire an Absolute NNN lease investment tenanted by a Marathon Gas Station and Convenience Store. The asset, fully renovated in 2025 with a new roof, HVAC, fuel dispensers, electrical, and plumbing systems, is secured by a long-term 20-year primary lease with 10% rent increases every five years and zero landlord responsibilities. This offering provides investors with a more passive, inflation-hedged income stream anchored by a strong operator with a personal guaranty. Founded more than 130 years ago, Marathon Petroleum Corporation is a Fortune 25 integrated downstream energy leader headquartered in Findlay, Ohio. As the nation’s largest refiner, Marathon operates a vast network of refineries and thousands of branded fuel and convenience store locations nationwide. The franchisee, West Coasts Petroleum Newports, LLC, brings over 16 years of operational experience, managing 18 Marathon-branded locations across the Southwest. The guarantor reports a net worth exceeding $29 million and over $90 million in annual gross revenue, providing substantial financial strength behind the lease. For more information, visit www.marathonpetroleum.com. Strategically positioned along Oracle Road (State Route 77), one of Tucson’s busiest north–south corridors, the property benefits from excellent visibility and access within the thriving North Tucson submarket. The area boasts an average household income exceeding $128,000 within a five-mile radius and continues to experience strong residential and commercial growth. A newly approved AutoZone development on the adjacent parcel further enhances the site’s retail synergy and long-term value. This offering represents a great opportunity to acquire a fully renovated, long-term Absolute NNN Marathon Gas Station investment, and 100% bonus depreciation eligible asset in one of Tucson’s most desirable, high-income trade area, and stable suburban corridors.

FOR SALE DETAILS

PRICE

$2,587,826 USD

PRICE/SF

$1,486 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marathon Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

CB-1, Catalina

APN/PARCEL ID

222-11-018A

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.