Absolute Net Dollar General Coming Soon in Bisbee Arizona
11 Arizona 92, Bisbee, AZ, USA Map
Listing Price $1,920,000
| Status | Active |
| Lease Type | Absolute Net |
| Property Type | Retail |
| CAP Rate | 6.6% |
| GLA (Sq. Ft.) | 10,566 |
| NOI | $126,792 |
| Lease Term Remaining | 15 Years |
| Increases | 10% in Each Option |
| Options | 3 x 5 Years |
| State (BOR) | AZ |
| Broker of Record | Ryan Sarbinoff |
| License # (BOR) | BR675146000 |
Investment Highlights
- Investment Grade Tenant Dollar General is the
Country’s Largest Small Box Discount Retailer with
Nearly 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: LandVision,
CoStar, 2022) - Thriving Community with an Average Household
Income of Over $61K within Fifteen Miles of the
Subject Asset, as of 2022 - Parks and Outdoor Recreational Facilities Nearby
Include: The Huachuca Mountains, Wildcat
Canyon, Copper King Canyon, Ash Canyon Bird
Sanctuary, Pueblo Del Sol Country Club, Vista
Park, and More - Subject is Less than 25 Miles from Sierra Vista
with a Population of 45,479
Investment Overview
Motivated Seller is Looking to Transact Before the End of the Year. 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.
