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Sun Auto 2756 S Kolb Rd 5,553 SF Retail Building Tucson, AZ 85730 $3,705,256 CAD ($667.25 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 21-Year NNN Lease | The tenant has committed to a brand-new 21-year Triple Net (NNN) lease with no landlord responsibilities
- Annual Rent Increases | The lease includes 1.75% annual rental escalations, ensuring built-in income growth and hedge against inflation
- Strong Corporate Guarantee (Sun Auto)
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Sun Auto located at 2756 S Kolb Rd, Tucson, AZ 85730. The site consists of roughly 5,553 rentable square feet of building space on an estimated 1.09-acre parcel of land. This Sun Auto is subject to a 21 year Triple Net (NNN) lease, which commenced 7/1/2024. The current annual rent is $152,625 and has scheduled increases of 1.75% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,553 SF
Building Class
B
Year Built
1980
Price
$3,705,256 CAD
Price Per SF
$667.25 CAD
Cap Rate
5.75%
NOI
$213,052 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.09 AC
Zoning
C-2 - C2 - Commercial district predominantly residential in character
Frontage
77’ on Kolb Rd
AMENITIES
- Bus Line
- Signage
- Air Conditioning
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $337,374 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$337,374 CAD
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Sun Auto | 2756 S Kolb Rd
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