Tempe, AZ 85283

Circle K

Property Address

939 West Baseline Road, Tempe, AZ, USA

Offering Summary

  • Price: $1,525,000
  • Lot Size: .4 Acres
  • Cap Rate: 5.20%
  • Year Built: 1972
  • Building SF: 2,781
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with Corporate Circle K Guaranty
  • Multiple Renewal Options Remaining with 5% Rent Increases in Each Option
  • Densely-Populated Tempe Trade Area - ±622,000 Daytime Population within a 5-Mile Radius
  • Excellent Frontage Along West Baseline Road, a Significant East-West Arterial Road, Visible to ±38,050 Cars per Day
  • Immediate Proximity to Arizona Grand Resort & Spa and Arizona Mills, the State's Largest Indoor Outlet Mall and Entertainment Destination
  • Surrounded by Single-Family Residences and Apartment Homes
  • Easy Freeway Access, One Mile Off the I-10 and US-60 Freeways

Broker Information