Circle K NNN Investment
For Sale
Contact for pricing
3155 N Alvernon Way, Tucson, AZ 85712
NNN leased Circle K on Alvernon Way, Tucson.
Property Size2,849 SF
Lot Size0.45 Acres
Price / SF$687.26
Days on Market149
Property Features for 3155 N Alvernon Way
General Information
Standard status
Active
Size
2,849 SF
Lot size
0.45 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$97,900
Building Details
Year Built
1971
Year Renovated
2018
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Jonathan Eckerd · License #AZ: SA663487000
Source:
Crexi
Added: Mar 17
Changed: Aug 11
Last Checked: Aug 11 at 10:03AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This commercial property features a Circle K situated at 3155 North Alvernon Way in Tucson, Arizona. The building encompasses approximately 2,849 rentable square feet and is positioned on an estimated 0.45-acre parcel of land. The Circle K is operating under a 60-year Triple Net (NNN) lease, which began on February 15, 1971. The current annual rent is $97,899, with scheduled rent increases of 10.00% occurring every 5 years.
Key Highlights
- 60‑year Triple Net (NNN) lease commenced 2/15/1971.
- Current annual rent is $97,899.
- Scheduled rent increases of 10.00% Every 5 Years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 38%
Beauty & Spa 7%
Electronics 6%
Dairy Queen
Dining
6,983 visits/mo
0.2 miles
Chevron
Shops & Services
4,976 visits/mo
0.0 miles
The UPS Store
Shops & Services
2,312 visits/mo
0.5 miles
Sally Beauty Supply
Beauty & Spa
1,270 visits/mo
0.5 miles
TitleMax Title Loans
Shops & Services
874 visits/mo
0.4 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
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - NNN leased Circle K on Alvernon Way, Tucson.
Where is this grocery and convenience store located?
The property is located at 3155 N Alvernon Way Tucson, AZ.
What is the asking price?
The asking price for this property is $1,958,000.
What are key features of this property?
This property features: 60‑year Triple Net (NNN) lease commenced 2/15/1971.; Current annual rent is $97,899.; Scheduled rent increases of 10.00% Every 5 Years.
