Dollar General

12,668 SF | Retail Building | Show Low, AZ 85901 | $2,668,000 ($211/SF) | 6.25% Cap Rate

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $2,668,000

Property Type
Retail
Square Feet
12,668 SF
Price / Square Foot
$211

Listing Contacts

John Andreini
John Andreini
Verified Profile
Kirby Dederian
Kirby Dederian
Verified Profile
  • Property Info

Property Overview

A corporate absolute NNN Dollar General with a 15-year primary term lease and five, 5-year options to extend the lease at increased rents. The tenant is the country’s largest small-box discount retailer with over 19,900 stores nationwide.
In Association with ParaSell, Inc.
PH: 949.942.6585
A Licensed Arizona Broker #CO709902000

Property Details

Year Built
2024
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
84,942 SF

Highlights

  • Brand-new 15-year lease featuring 10% rental increases in each option
  • 2024 build-to-suit construction
  • The lease is backed by a corporate guaranty from Dollar General, #108 on the Fortune 500 list of companies
  • Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
  • The subject property is located on Highway 260, one of the main thoroughfares in Show Low and the only main road that connects to nearby Highway 60
  • Along Highway 60 are a number of national retailers driving traffic to the trade area including Safeway, ACE Hardware, C-A-L Rancho Stores

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