For Sale
$2,417,000

7895 Golf Links Rd Tucson, AZ 85730

High-yield gas station investment. Strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 2,200 square foot Quik Mart gas station located at 7895 E Golf Links Rd, Tucson, AZ 85730. The property boasts a strong 6.00% cap rate and a substantial net operating income (NOI) of $145,000. Secured by a corporate guarantee, the NNN lease features a remaining term of 18.4 years, extending to April 30, 2043, with 10% rent bumps every five years and multiple renewal options. The tenant, Quik Mart, is a significant player in the Tucson market, operating 17 convenience stores throughout the area. This single-tenant property sits on a 0.71-acre lot and benefits from a high-traffic location at a signalized intersection, enjoying visibility to over 47,000 vehicles daily. Built in 1989, the property is currently undergoing improvements, including a new parking lot. The location is strategically positioned within three miles of Pima Community College - East Campus and Lincoln Regional Park, serving a dense population of 544,514 residents within a ten-mile radius. The asking price is $2,417,000, translating to $1,098.64 per square foot. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential in a thriving market. The lease commenced on April 5, 2023.

Highlights

  • 19-year corporate lease remaining with Southwest Convenience SPE, LLC (17+ units).
  • 10% rent increases every five years, plus multiple renewal options.
  • Tenant-funded parking lot improvements underway.
  • High-density location: 544,514 residents within a 10-mile radius.
  • High-visibility hard-corner location at E Golf Links Rd & S Pantano Rd, exceeding 47,000 cars daily.
  • Within 3 miles of Pima Community College - East Campus and Lincoln Regional Park.

Property Details for 7895 Golf Links Rd

Property type
Retail properties, Gas stations
Square Feet
2,200 SF
Year Built
1989
Lot Size (sq. ft)
30,928 SF

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.1923199
Longitude
-110.8242779

FAQs

What type of property is this?
Retail property - High-yield gas station investment. Strong tenant.
Where is the retail property located?
The property is located at 7895 Golf Links Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $2,417,000.
What are key features of this property?
This property features: 19-year corporate lease remaining with Southwest Convenience SPE, LLC (17+ units).; 10% rent increases every five years, plus multiple renewal options.; Tenant-funded parking lot improvements underway.
How can I contact the broker?
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7895 Golf Links Rd
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