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Quiktrip Buys Phoenix Land For $1.3 Million

By Mike Sunnucks for Phoenix Business Journal

QuikTrip Corp. has acquired a parcel of land in south Phoenix for $1.3 million near 16th Street and Baseline Road.

Real estate records show Tulsa, Okla.-based QT acquired the now-vacant land from Heritage Inn and Suites at the end of June.

At this point QT does not have a schedule for construction or opening date on the new addition to its 83 locations in the Valley. The next new store will open in Goodyear in September.

Circle K — QT’s biggest rival in the Phoenix market — has approximately 625 stores in the local region, which encompasses Arizona and Nevada.

Read more at Phoenix Business Journal