$2,100,000 USD
480-252-0226
HIGHLIGHTS
- Brand New 15-Year NNN Lease with Rare 15% Increases every 5-Years
- Low Investment Basis for New Construction Gas Station
- Shell is priced below replacement cost for a new construction fee simple c-store and gas station which will provide investors with long term security
- Passive Real Estate Investment with a Strong Personal Guaranty
OVERVIEW
Surmount is pleased to present the exclusive listing for a Shell Gas Station located at 405 W. Speedway Blvd, Tucson, AZ 85705. The site consists of roughly 2,000 rentable square feet of building space on an estimated 0.5-acre parcel of land. This Shell Gas Station is subject to a 15-year Triple Net (NNN) lease, which commenced 7/1/2025. The current annual rent is $123,750 and has scheduled increases of 15.00% every 5 years.
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$991 USD /SF
CAP RATE
5.89%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shell Gas Station
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.61 AC
LAND SF
26,572 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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480-252-0226
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480-252-0226
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