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    4278 E Benson Hwy Tucson, AZ 85706

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    For Sale
    $2,783,000

    Retail property with corporate lease and rental increases in Tucson.

    Property size:
    2,323 SF
    Lot size:
    0.97 Acres

    Property Features for 4278 E Benson Hwy

    General Information

    Size
    2,323 SF
    Lot size
    0.97 Acres

    Source: Marcus & Millichap | Phoenix Agent Chris Lind

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tucson Retail Property For Sale

    This retail property is located at a hard corner location with convenient access to the I-10 Freeway, which sees 80,000 cars per day. The property is situated within a 10-minute drive of Davis-Monthan Air Force Base and Tucson International Airport. The surrounding area has a dense infill with 589,555 residents within a 10-mile radius. The property is currently under a corporate lease with Southwest Convenience SPE, LLC, with 19 years remaining. The lease includes 10% rental increases every five years and multiple renewal options. The property may qualify for 60% Year One Bonus Depreciation or 15 Year Accelerated Depreciation per IRS 1250 Property Designation. The property is easily accessible along East Benson Highway. The current tenant, Quik Mart, is the largest independent convenience store retailer in the Tucson MSA. The property size is 2,323 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.90383
    Latitude
    32.141422

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property with corporate lease and rental increases in Tucson.
    Where is this grocery and convenience store located?
    The property is located at 4278 E Benson Hwy Tucson, AZ.
    What is the asking price?
    The asking price for this property is $2,783,000.
    What are key features of this property?
    This property features: - 19 years remaining on corporate lease with Southwest Convenience SPE, LLC.; - 10% rental increases every five years with multiple renewal options on lease.; - Qualifies for 60% year one bonus depreciation or 15 year accelerated depreciation.
    (602) 370-9255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4278 E Benson Hwy Tucson, AZ 85706
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