Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Manhattan
$1,892,000
Absolute Net Dollar General in Bisbee Arizona
Details
APN 103-72-052
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 10,566
Cap Rate 6.7%
NOI $126,792
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Remaining Term 14
Price per SqFt $179
Year Built 2025
Acreage 1.470
Retail | 6.70% CAP | 10,566 SqFt
Marketing description
Subject is a Prime 10,566 Square-Foot Build-to-Suit Dollar General on a 1.47-Acre Lot with Ample Parking, Pylon Signage, and Easy Ingress/Egress. Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility | 10% Rental Increases in Each Option, 3 x 5-Year Options.
Investment highlights
Investment Grade Tenant Dollar General is the Country’s Largest Small Box Discount Retailer with Over 20,000 Stores and a Credit Rating of BBB from S&P
Traffic Counts on SR-80 (6,343 VPD) and Highway 92 (2,436 VPD) (Source: Land Vision, CoStar, 2022)
Subject is Less than 25 Miles from Sierra Vista with a Population of 45,479
Listing Contacts
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Manhattan
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,792.00
$10,566.00/mo
Valuation Metrics
0
DSCR
6.7%
Cap Rate
6.7%
ROI
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