Dollar General | 10255 Harbor Ave
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Dollar General 10255 Harbor Ave
9,014 SF Retail Building Mohave Valley, AZ 86440 $1,360,000 ($151/SF) 7.50% Cap Rate
Investment Highlights
- Established store with proven long-term tenancy in a location on a main thoroughfare, free-standing single-tenant building
- High convenience stores, prominent visibility, and traffic, with little competition in this market
- Investment Grade Dollar Store with "BBB" Credit Rating, largest small-box retailer with 20,000 stores
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to acquire this Dollar General store located in Mohave Valley, Arizona. Lease contains 3 (5-year) options. The lease is corporately guaranteed by Dollar General with a “BBB” investment-grade credit rating. The property offers passive investment with fee simple ownership and with leverage that can achieve a return over 12%. **Additional parking lot rent to be considered.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2008
Price
$1,360,000
Price Per SF
$151
Cap Rate
7.50%
NOI
$102,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.07 AC
Opportunity Zone
Yes
PROPERTY TAXES
Parcel Number | 224-28-031 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $282,102 |
PROPERTY TAXES
Parcel Number
224-28-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$282,102
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Dollar General | 10255 Harbor Ave
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