With business booming nationally, the Quik Trip convenience store chain has just purchased a nearly 3-acre site in Gilbert, Arizona, with plans to build a new store there.
The reported purchase price for the property: just under $3.2 million.
That currently vacant site is located at 2366 S. Higley Road, at the busy intersection of Higley and Williams Fields Road, on the southeast side of Gilbert.
The Tulsa, Oklahoma-based corporation, with annual revenues in excess of $11 billion, to date has more than 800 stores in just under a dozen mostly Southern and Western states.
Its presence in Arizona has always been particularly strong with more than one hundred locations, including three that are already up and running in Gilbert.
Launched in 1957, Quik Trip was one of the first national convenience store chains to operate on a 24-hour basis. Its stores have traditionally measured around 4,000 square feet, but in recent years the company has expanded that format to 5,700 square feet, with larger kitchen and coffee shop space.
Earlier this year the company announced plans to build at least 50 new stores in the lucrative metro Denver market.
By Garry Boulard
