- For Sale $1,250,000
- Property Type Other - Special Purpose
- Property Size 2,480 SF
- Lot Size 0.34 Acre
- Year Built 1986
- Date Updated May 15, 2026
Description
Mid-block lot just south of the Benson Hwy & Palo Verde Rd intersection, with direct north/south access on Palo Verde Rd in South Tucson.The subject property is a ±2,480 square foot gas station and convenience store situated on ±0.34 acres at 5818 S Palo Verde Road in Tucson, Arizona. Strategically positioned just south of the Benson Highway and Palo Verde Road intersection, the site benefits from direct access to north and southbound traffic along Palo Verde Road, a well-traveled corridor serving the South Tucson trade area.
Constructed in 1986 and zoned for commercial use, the property is located outside of a designated flood zone and offers a functional mid-block layout designed for efficient ingress and egress. The asset has historically operated as a convenience store with fueling capabilities and remains a well-established retail location within the surrounding community.
Highlights
- ±2,480 SF building situated on ±0.34 acres with functional layout and strong accessibility
- Attractive In-Place Income Structure
- Combination of base rent and percentage rent provides income stability with upside potential
- Commercial Zoning / No Flood Zone
- Continuous operation since 1973, demonstrating strong site viability and tenant commitment
- Established Convenience Store & Fueling Location
- Insulated Trade Area
- Limited nearby Circle K competition south of I-10 reduces risk of sales cannibalization
- Long-Term Occupancy by National Tenant (Circle K)
- Lower price point (~$1.2M range) attracts a wide pool of private and 1031 exchange buyers
- Near-Term Lease Expiration = Value-Add Opportunity
- Opportunity to renegotiate lease terms or restructure rent to enhance returns
- Positioned along S Palo Verde Rd near Benson Hwy with direct access to north/south traffic
- Property has undergone recent upgrades, signaling continued investment and long-term commitment to the location
- Recent Tenant Renovations
- Stable & Proven Sales Performance
- Store generated approximately $3.24M in total sales (2025) with consistent historical trends
- Strategic South Tucson Location
- Strong Investor Appeal
- Zoned for commercial use and located in Flood Zone X (minimal flood risk)
False
Contacts
Beth Jo Zeitzer
R.O.I. Properties
Location
Located at 5818 S Palo Verde Rd, Tucson, AZ 85706, this property is part of the Los Ranchitos neighborhood and Tucson market.
Contact Listing Broker
Beth Jo Zeitzer
R.O.I. Properties
