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Triple-Net Circle K Ground Lease
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10335 E Drexel Rd, Tucson, AZ 85747

Absolute NNN ground lease with corporate Circle K, featuring scheduled 15% rental increases every five years.

Property Size4,487 SF
Price / SF$1,183
Days on Market150

Property Features for 10335 E Drexel Rd

General Information

Standard status Active
Size 4,487 SF
Property subtype RETAIL

Site & Location

Traffic Count 25,100 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Marcus & Millichap | Phoenix
Listed By: Mark Ruble · License #(S):AZ:SA550593000,NV:S.0192964
Source: Moodyscre
Added: Apr 17 Changed: Sep 3 Last Checked: Sep 12 at 10:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Phoenix

Investment Insights

Based on property information with market context.

An absolute triple-net (NNN) ground lease offering with corporate Circle K as the tenant. The lease includes 15% rental increases every five years.

The property benefits from excellent frontage along S Houghton Rd, with reported traffic counts of approximately 25,100 CPD, and is described as providing a direct route to I-10 with reported traffic counts of approximately 50,800 CPD. The surrounding area is characterized by single-family residences and apartment homes.

Demographic information provided with the offering indicates population and households are expected to increase by more than 10% within a one-mile radius, and average household income is reported to exceed $124,000 within the same radius.

Key Highlights

  • Absolute triple‑net (NNN) ground lease with corporate Circle K
  • Scheduled 15% rental increases every 5 years
  • S Houghton Rd frontage of ±25,100 CPD

Property Analytics

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Current Use

Circle K Grocery & Convenience Store Western Union Bank Redbox Cinema Amazon Locker - Meantime Postal Service

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,100 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
14,124 visits/mo 0.1 miles

Demographics for 85747, AZ

27,703
Population
10,105
Households
2.7
Avg Household Size
36
Median Age
46%
College-Educated
97%
High-School Grad
67.0 sq mi
ZIP Area
413
Density / Sq Mi
$107,290
Median Household Income
$54,491
Median Earnings
$1,776
Median Rent
$345,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Tucson, AZ

7.4% 2019
8.3% 2020
7.5% 2021
6.8% 2022
6.5% 2023
6.4% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Absolute NNN ground lease with corporate Circle K, featuring scheduled 15% rental increases every five years.
Where is this gas station located?
The property is located at 10335 E Drexel Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $5,312,540.
What are key features of this property?
This property features: Absolute triple‑net (NNN) ground lease with corporate Circle K; Scheduled 15% rental increases every 5 years; S Houghton Rd frontage of ±25,100 CPD
(602) 770-2935 Call to check price and availability
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