Circle K Ground-Leased Gas
New
For Sale
$3,700,000
2390 N Craycroft Rd, Tucson, AZ 85712
Ground-leased Circle K gas station with a corporate-signed long-term lease and renewal options.
Days on Market2
Property Features for 2390 N Craycroft Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Building Size
5,000 SF
Tenancy
Single
Listing Agency:
SRS Industrial - Newport Beach
(480) 221-4221
Listed By:
Patrick Luther · License #CA 01732226
(480) 221-4221
Source:
Srsre
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 7:54AM
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 SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
This Circle K ground-leased gas station is supported by a recently signed, brand-new 15-year lease with 8 options to extend for additional 5-year periods. The ground lease is corporate signed by Circle K Stores Inc.
The lease structure includes 7.5% rental increases every 5 years through the initial term and again at the beginning of each option term. The increases are designed to grow NOI over time and help hedge against inflation.
The property is located at 2390 N. Craycroft Rd in Tucson, Arizona.
The lease structure includes 7.5% rental increases every 5 years through the initial term and again at the beginning of each option term. The increases are designed to grow NOI over time and help hedge against inflation.
The property is located at 2390 N. Craycroft Rd in Tucson, Arizona.
Key Highlights
- Recently signed brand‑new 15‑year lease with 8 options to extend
- Ground lease is corporate signed by Circle K Stores Inc
- Rental increases of 7.5% every 5 years through the initial term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Apparel 42%
Electronics 3%
Ross Dress for Less
Apparel
19,221 visits/mo
0.1 miles
Circle K
Shops & Services
13,420 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,694 visits/mo
0.5 miles
Chevron
Shops & Services
5,540 visits/mo
0.1 miles
Cricket Wireless Authorized Retailer
Electronics
1,225 visits/mo
0.1 miles
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Retail in Tucson, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Ground-leased Circle K gas station with a corporate-signed long-term lease and renewal options.
Where is this gas station located?
The property is located at 2390 N Craycroft Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Recently signed brand‑new 15‑year lease with 8 options to extend; Ground lease is corporate signed by Circle K Stores Inc; Rental increases of 7.5% every 5 years through the initial term
