939 W Baseline Rd - Service Station FOR SALE


Tempe, AZ 85283- Guadalupe
$1,525,000 USD
602-540-5751
939 W Baseline Rd, Tempe, AZ for Sale
$1,525,000 USD
Service Station - FOR SALE
1/5
null | 5.19% Cap Rate

939 W Baseline Rd
Tempe, AZ 85283
Guadalupe


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with Corporate Circle K Guaranty
  • Multiple Renewal Options Remaining with 5% Rent Increases in Each Option
  • Densely-Populated Tempe Trade Area - ±622,000 Daytime Population within a 5-Mile Radius
  • Excellent Frontage Along West Baseline Road, a Significant East-West Arterial Road, Visible to ±38,050 Cars per Day
  • Immediate Proximity to Arizona Grand Resort & Spa and Arizona Mills, the State's Largest Indoor Outlet Mall and Entertainment Destination
  • Surrounded by Single-Family Residences and Apartment Homes

OVERVIEW

Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. Founded in 1951 in El Paso, Texas, the company is owned and operated by the Canada-based Alimentation Couche-Tard, the leader in the Canadian convenience store industry. In the United States, it is the largest independent convenience store operator in terms of number of company-operated stores. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

5.19%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

CSS

APN/PARCEL ID

301-07-001B

ASK ABOUT THIS PROPERTY

Grant ZieglerMarcus & MillichapMore Info
602-540-5751

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

Grant ZieglerMarcus & MillichapMore Info
602-540-5751

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