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Investment Highlights

  • ±2,480 SF convenience store and gas station situated on ±0.34 acres
  • Strong visibility and access along a high-traffic corridor in the South Tucson trade area
  • Tenant has operated at this location since 1973, demonstrating long-term site commitment
  • Prime location at 5818 S Palo Verde Road in Tucson, just south of Benson Highway
  • Occupied by Circle K, a nationally recognized convenience store operator
  • Built in 1986 with recent renovations enhancing functionality and appeal

Executive Summary

The subject property is a ±2,480 square foot convenience store and gas station located on ±0.34 acres at 5818 S Palo Verde Road in Tucson, Arizona. Positioned just south of the Benson Highway intersection, the site offers strong accessibility along a well traveled corridor in the South Tucson trade area. Constructed in 1986 and zoned for commercial use, the property benefits from a functional layout and recent renovations, reinforcing its long-term viability. The asset is occupied by Circle K, which has operated at this location since 1973, highlighting its established presence and importance within the surrounding community.

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,182 SF
Building Class
B
Year Built
1970
Price
$1,718,700 CAD
Price Per SF
$787.67 CAD
Cap Rate
5%
NOI
$85,872 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
MU
Parking
18 Spaces (8.25 Spaces per 1,000 SF Leased)
Frontage
82’ on S Palo Verde Rd

Amenities

  • Bus Line
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Circle K began in 1951 when Fred Hervey acquired three Kay's Food Stores in El Paso, Texas, and the brand has grown into a convenience retail chain with a broad North American and international presence. The company operates convenience stores and fuel sites, and the franchising program supports both new construction and conversions of existing locations. Circle K is part of Alimentation Couche-Tard, which uses the Circle K brand as a major convenience banner across multiple markets. The business serves everyday shopping needs through fuel, food and beverage, and other convenience offerings while maintaining a wide franchise-oriented retail model.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Walmart Neighborhood Market
RDO Equipment Co.
Dutch Bros
Black Rock Coffee Bar
Waffle House
Denny's

Property Taxes

Property Taxes

Parcel Number
140-31-2900
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$32,012 CAD
  • Listing ID: 40044269

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 5818 S Palo Verde Rd, Tucson, AZ 85706

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