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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 145 Updated: 07.23.25 Posted: 07.23.25 Status: Active     07.23.25

Summary

Price $3,700,000
Built/Renov 2025
Tenant Circle K
Cap Rate 5.00%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 5,000
Lease Start 12-01-2025
#Units 16,700
Price/SF $740.00
Expiration 12-01-2040
Tenant Type Convenience/Gas
NOI $185,000
R. Term 14.11
Ownership Leased Fee
Rent/SF $37.00
Increases 7.5%/6/yrs
Pop 5Mi 261,374
Lot/AC 1.73
Options 8/5yrs/7.5%
AHHI 5Mi $91,764

Highlights

  • Brand-New 15-Year Lease with Corporate Ground Lease
  • Lease Features 7.5% Rental Increases Every 5 Years | Eight (5-Year) Renewal Options
  • Absolute NNN | Zero Landlord Responsibility
  • Corporate Guarantee by Circle K Stores Inc. (S&P: BBB)

Location Description

Circle K is strategicallylocated at the signalized hard-corner intersection of N. Craycroft Road (35,200 VPD) and E. Grant Road (43,600 VPD) in Tucson’s primary retail corridor. The site benefits from strong national anchors including Walmart Supercenter, The Home Depot, Target, Marshalls, and Ross at nearby El Con Center (894,000 SF) and Fry’s-anchored Crossroads Festival (231,000 SF). It is...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Circle K Stores, Inc. is an international chain of convenience stores, and the largest independent convenience store operator in the U.S. in terms of the number of company-operated stores....


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 12,938 99,906 261,259
2025 Total Population : 12,923 100,171 261,454
2025 Employed Civilian Pop : 5,827 47,971 125,103
2025 Total Businesses : 820 5,626 11,301
2025 Average Household Income : $ 78,120 $ 85,908 $ 91,768
2025 Total Consumer Spending : $ 436 M $ 3773 M $ 9878 M
2025 Median Age : 49 45 41
2025 Total Households : 6,375 50,447 123,739
2025 Pop Age 25+: Bachelor's Degree : 2,033 17,954 43,897
2025 Average Home Value : $ 379,317 $ 401,246 $ 410,581
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
N Craycroft Rd E Grant Rd 2004 31,599 0.03 mi
E Grant Rd N Craycroft Rd 2010 62,000 0.06 mi
North Craycroft Road E Edison St 2018 28,796 0.08 mi
N Craycroft Rd E Spring St 2004 32,213 0.10 mi
North Craycroft Road E Water St 2018 35,157 0.18 mi
N Craycroft Rd E Waverly St 2015 25,981 0.21 mi
N Craycroft Rd E New Hospital Rd 2015 32,938 0.23 mi
E Grant Rd Rosebud Blvd 2005 48,749 0.25 mi
E Grant Rd N Rainbow Vista Dr 2014 38,105 0.28 mi
E Grant Rd N Beverly Ave 2005 7,598 0.29 mi

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