1866 S Country Club Road

    Tucson, AZ 85713
    • $239,500
    • STATUS: Active
    • ID#: 21816637
    UPDATED: 64 min ago
    $239,500
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $120
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Courtesy of Keller Williams Southern Arizona.

    Description

    Used as a local convenience store that has been continuously operating for decades. The current tenant ''The Beverage Store'' has occupied the property under lease since 2007, with a current lease running through May 2027. The current lease is a triple-net lease with 3% annual increases. It is important to note that the tenant carries a valuable series 9 (liquor store) license which is tied to this address, adding value and stability to the property, which is priced at 10.38% CAP rate, which increases oer time with the escalating rent.

    Monthly Payment Calculator





    © 2018 MLS of Southern Arizona. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T22:06:56.083.
    www.rjhomes.com/homes/84617111

    1866 S Country Club Road Tucson, AZ 85713

    • Price: $239,500
    • Status: Active
    • Updated: 64 min ago
    • ID#: 21816637
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    2,000
    SQFT
    $120
    $/SQFT
    1942
    Built
    Neighborhood:
    Central
    County:
    Pima
    Area:
    Central
    Property Description
    Used as a local convenience store that has been continuously operating for decades. The current tenant ''The Beverage Store'' has occupied the property under lease since 2007, with a current lease running through May 2027. The current lease is a triple-net lease with 3% annual increases. It is important to note that the tenant carries a valuable series 9 (liquor store) license which is tied to this address, adding value and stability to the property, which is priced at 10.38% CAP rate, which increases oer time with the escalating rent.
    Property Features

    Analysis Cap Rate Percent 10.38 Assessments 0.00 Country Usa Fire Protection Included in Taxes Lot Dimensions Unk Lot Sqft 11326.00 Municipality Zoning Tucson - R2 Property Sub Type Retail Short Sale No Source Of Sqft Owner Tax Year 2017 Taxes 2651.75

    Listing provided courtesy of Keller Williams Southern Arizona. Listing information © 2018 MLS of Southern Arizona.




    © 2018 MLS of Southern Arizona. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tierra Antigua Realty - RJ Homes Team. Data last updated: 2018-11-14T22:06:56.083.
     
    Tierra Antigua Realty - RJ Homes Team
    7423 E Tanque Verde Rd
    Tucson AZ, 85715
    Courtesy of Keller Williams Southern Arizona.