QuikTrip Tempe, AZ

2150 East University Drive
Tempe, AZ

Price: $5,820,000
Cap Rate: 4.00%
NOI: $232,800
Building Size: Approx. 5,720 Sq. Ft.
Lot Size: Approx. 1.96 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 2011

Investment Overview

  • 2011 Construction. 5,720+/- SF Building on 1.96+/- Acre Site
  • New 15 Yr Absolute NNN Lease | Rare Corporate Sale-Leaseback Opportunity
  • Strategically Located Directly Off Of E University Drive, Adjacent to Loop 101 (238K VPD)
  • Subject Property Located 2 Miles From Arizona State University (Over 53K Students)
  • QuikTrip is the 12th Largest Convenience Store Chain in the Country
  • Near Target, Best Buy, Ross Dress for Less, JC Penny, Famous Footwear, Walmart
  • Tempe  |  Heart of Metropolitan Phoenix  |  Population: 183,000+