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Circle K | Phoenix, AZ 7424 W McDowell Rd 2,855 SF Retail Building Phoenix, AZ 85035 $2,354,152 CAD ($824.57 CAD/SF) 4.85% Cap Rate

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INVESTMENT HIGHLIGHTS

  • LONG-TERM OPERATING HISTORY
  • EXCELLENT SITE-LEVEL VISIBILITY
  • STRATEGIC LOCATION
  • ABSOLUTE TRIPLE NET (NNN) GROUND LEASE
  • STRONG CORPORATE GUARANTEE FROM CIRCLE K
  • COURT-ORDERED SALE This is a court-ordered sale, which may affect the timing of the transaction. Please contact agent for details.

EXECUTIVE SUMMARY

PRICING - $1,732,000
CAP RATE - 4.85%
NOI - $84,000
LEASE EXPIRATION - 6/30/2027
GUARANTEE - CORPORATE

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,855 SF
Building Class
C
Year Built
1990
Price
$2,354,152 CAD
Price Per SF
$824.57 CAD
Cap Rate
4.85%
NOI
$114,174 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.68 AC
Zoning
PSC, Phoenix
Parking
22 Spaces (7.71 Spaces per 1,000 SF Leased)
Frontage
63’ on 75th Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 2,855 SF
  • -
  • Triple Net
  • Jun 2027

La mission du Cercle K est de rendre la vie de leurs clients un peu plus facile chaque jour. Circle K fait partie de collectivités de l'Amérique du Nord, de l'Europe, de l'Asie et du Moyen-Orient, ce qui les aide à devenir l'une des plus grandes entreprises de détail de commodité et de carburant au monde. La société mère de Circle K, Alimentation Couche-Tard (« Couche-Tard »), est un chef de file dans l'industrie canadienne des dépanneurs. Ensemble, Circle K éclaircit les voyages dans plus de 14 200 magasins dans 26 pays à travers le monde.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 2,855 SF - Triple Net Jun 2027

NEARBY MAJOR RETAILERS

U.S. Bank
Starbucks
Denny's
Filiberto's Mexican Food
Texas Roadhouse
LongHorn Steakhouse
EoS Fitness
Planet Fitness
Chase Bank
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-39-003K
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$167,937 CAD
  • Listing ID: 39149234

  • Date on Market: 2026-01-20

  • Last Updated:

  • Address: 7424 W McDowell Rd, Phoenix, AZ 85035

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