16265 E Peak Ln - Truck Stop FOR SALE


Picacho, AZ 85141
$1,320,000 USD
520-770-8714
16265 E Peak Ln, Picacho, AZ for Sale
$1,320,000 USD
Truck Stop - FOR SALE
1/1
null | 5.03% Cap Rate

16265 E Peak Ln
Picacho, AZ 85141


HIGHLIGHTS

  • Located on Exit 219 and I-10 adjacent to Picacho Peak State Park

OVERVIEW

NNN Lease in year 12 of 20 year lease; 3% annual increases; Current Mo. Rent at $5,536.93 and Annualized at $66,443.16; Next 3% increase on 11.01.2023 with increased Mo. Rent Adjustment of $5,703.02.

FOR SALE DETAILS

PRICE

$1,320,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

5.03%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Lion's Den Absolute NNN Lease Year 12 of 20

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Truck Stop

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

CB-2, Pinal County

APN/PARCEL ID

410-05-005B

ASK ABOUT THIS PROPERTY

Troy HochRom-Hoc, LLCMore Info
520-770-8714

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Troy HochRom-Hoc, LLCMore Info
520-770-8714

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.