2756 S Kolb Rd
Tucson, AZ 85730
Stella Vann
HIGHLIGHTS
- New 21-Year NNN Lease | The tenant has committed to a brand-new 21-year Triple Net (NNN) lease with no landlord responsibilities
- Strong Corporate Guarantee (Sun Auto)
- Annual Rent Increases | The lease includes 1.75% annual rental escalations, ensuring built-in income growth and hedge against inflation
OVERVIEW
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 year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $152,625 and has scheduled increases of 1.75% annually.
FOR SALE DETAILS
PRICE
$2,775,000 USD
PRICE/SF
$500 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sun Auto
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.09 AC
LAND SF
47,480 SF
ZONING
C-2
APN/PARCEL ID
136-24-4640,136-24-4660
ASK ABOUT THIS PROPERTY
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