Skip to content

Call Us Today
(520) 877-2656

  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Listings
  • Login
Menu
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Listings
  • Login

Circle K Disposition: Opportunity for Small Business Owners & Investors in Southern Arizona

  • Home
  • 1st Quarter Sales
  • Circle K Disposition: Opportunity for Small Business Owners & Investors in Southern Arizona
1st Quarter Sales
/
March 21, 2023
/
Real Estate Daily News Service
image_pdfimage_print

TUCSON, ARIZONA, March 21. 2023 -- Cushman & Wakefield | PICOR recently sold a 2,112-square-foot retail building in central west Tucson where Rob Tomlinson and Greg Furrier, Principals, and Retail Specialists, represented the seller in the transaction.

A 2,112-square-foot retail building at 2701 N. Oracle Road was purchased by Outshine the Sun, LLC DBA Ames Automotive from Circle K Stores, Inc. for $230,000, $108.90 per foot.

Since 2020, Circle K Stores has been selling off smaller properties around Arizona that formerly provided only 1-2 gas pumps. The Circle K disposition is meant to minimize market cannibalization within their portfolio. These locations provide redevelopment and repositioning opportunities for small business owners and investors. For example, some locations have been converted into small art-class studios, coffee shops, boutiques, and offices. The location at 2701 N Oracle Road was purchased by a family-owned and operated vehicle service and repair shop.

The transaction closed on February 9, 2023.

There are currently seven Circle K assets up for sale in Tucson, Yuma, Casa Grande, and other areas of Southern Arizona.

“The former Circle K locations offer start-up businesses, entrepreneurs, and investors the opportunity to purchase strategically located buildings for a small fraction of replacement cost,” says Rob Tomlinson.

 

For more information, contact Tomlinson at 520.546.2757 and Furrier at 520.909.6111.

To learn more see RED Comp #10485

Share Now!

Recent Posts

  • Tucson Rent Report: October 2023
  • Harvard Investments acquires 1,864-acre King Ranch in Goodyear, AZ
  • PACC teams up with BISSELL Pet Foundation to “Empty the Shelters”
  • Black Rock Coffee Bar Expands Presence in Arizona with Grand Opening of New Gilbert Location
  • Consumer Confidence Falls Again in September

Archives

Newsletter

  • 1st Quarter Sales
  • 2020 SoAZ Forecast Competition
  • 2nd Quarter Sales
  • 3rd Quarter Sales
  • 4th Quarter Sales
  • 5905 East Speedway Blvd, Tucson, AZ
  • Account
  • Advertising
  • Annual Site Access Conditions
  • Archives
  • ASP Test
  • displaycomp
  • Executives Prefer CCIM
  • HELP WANTED
  • Home
  • Ina Capital Development
  • Link Page
  • Login
  • MARKET LEADERS – CCIM DESIGNEES
  • Newsletter Subscription
  • Pima County Real Estate Research Council
  • Privacy Policy
  • RED Comps Terms and Conditions
  • Red Leases
  • Registration-Login
  • rss
  • Sample RED Comps
  • Search Comps
  • searchanalytics
  • searchmapselection
  • searchresults
  • searchshortreport
  • SearchTool
  • Southgate Commerce Park
  • Subscription
  • Team Management
  • Terms of Service
  • Test
  • Test Comp Search
  • Thank You
  • Thank You For Subscribing
  • www.realestatedaily-news.com Privacy Policy
  • About Real Estate Daily News

Copyright © 2023 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top