6150 E State Route 69 - Convenience Store FOR SALE


Prescott Valley, AZ 86314
$1,215,000 USD
602-319-1326
6150 E State Route 69, Prescott Valley, AZ for Sale
$1,215,000 USD
Convenience Store - FOR SALE
1/7
null | 5.52% Cap Rate

6150 E State Route 69
Prescott Valley, AZ 86314


OVERVIEW

This opportunity consists of a 3,015 square foot service station / convenience store in Prescott Valley, along State Route 69. The improvements were constructed in 1997, and are situated on a 0.82-acre rectangular parcel. The property has four fueling positions and multiple points of ingress / egress. State Route 69 is a major thoroughfare running through Prescott Valley connecting Prescott Valley and Prescott to the Interstate 17 and 40. The property is currently leased to Circle K through July 2026, with Circle K having an additional five-year option to extend until July 2031. The current monthly rent is $5,472 per month, with the subsequent option period rent increasing to $5,746 per month. Circle K has a strong historical occupancy at this location of over 39 years dating back to August 1986. Circle K was founded in 1951 (El Paso, Texas), and has approximately 14,468 stores (as of 2023) throughout North America.

FOR SALE DETAILS

PRICE

$1,215,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

5.52%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,587 SF

ZONING

CN

APN/PARCEL ID

103-07-203

ASK ABOUT THIS PROPERTY

Jake ViceROI Properties, LLCMore Info
602-319-1326

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Jake ViceROI Properties, LLCMore Info
602-319-1326

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