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4280 E Benson Hwy
Tucson, AZ 85706
Quick Mart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 17+ Years Remaining on Corporate Lease with Southwest Convenience SPE, LLC (17+ Units)
- Property Qualifies for 60% Year One Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- Hard Corner Location with Easy Access to the I-10 Freeway (80,000 Cars per Day)
- 10% Rental Increases Every Five Years with Multiple Renewal Options on Lease
- 589,555 Residents within a 10-Mile Radius - Dense Tucson Infill
EXECUTIVE SUMMARY
With 17+ years remaining on a corporate lease with Southwest Convenience SPE, LLC (17+ units), this property offers a stable investment. Featuring 10% rental increases every five years and multiple renewal options, it promises consistent returns. The property qualifies for 100% year-one bonus depreciation or 15-year accelerated depreciation per IRS 1250 property designation. Located in dense Tucson infill with 589,555 residents within a 10-mile radius, it boasts a hard corner location with easy access to the I-10 freeway (80,000 cars per day). Just a 10-minute drive from Davis-Monthan Air Force Base and Tucson International Airport, the property is also home to Quik Mart, the largest independent convenience store retailer in the Tucson MSA. It enjoys excellent accessibility along East Benson Highway.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,323 SF
Building Class
B
Year Built
1971
Price
$3,884,845 CAD
Price Per SF
$1,672.34 CAD
Cap Rate
6%
NOI
$233,119 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
CB-2 - CB-2, Commercial Business
Frontage
AMENITIES
- Pylon Sign
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 140-35-206A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $67,558 CAD |
PROPERTY TAXES
Parcel Number
140-35-206A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$67,558 CAD
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