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Dollar General 2406 W American Ave

9,016 SF Retail Building Oracle, AZ 85623 $1,350,000 ($150/SF) 5.01% Cap Rate

Investment Highlights

  • Dollar General
  • Lease Options: Three (3), Five (5) Year Options to Renew
  • Corporate Lease
  • Established Location

Executive Summary

• Only Dollar store in all of Oracle, no direct competition
• Functions as the sole grocer of the entire town
• Seasoned location since 2005
• NNN Lease with Minimal Landlord Responsibilities
• Subject Property Situated on the Main Thoroughfare. All Tucson bound traffic passes this store.
• In 2021, Tenant extended the lease an additional 5 years , showing long term commitment to the site.
This investment provides investors with a unique opportunity to a stable asset, with a hedged risk due to a strong corporate guarantee and a dominating local presence of the market.

Data Room Click Here to Access

Financial Summary (Actual - 2021)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $67,650 $7.50

Financial Summary (Actual - 2021)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $67,650
Annual Per SF $7.50

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,016 SF
Building Class
C
Year Built
2005
Price
$1,350,000
Price Per SF
$150
Cap Rate
5.01%
NOI
$67,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Land Acres
1.01 AC
Zoning
CB-2, County
Parking
4 Spaces per 1,000 SF Leased

Amenities

  • 24 Hour Access
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • Mar 2026

At Dollar General, their actions are guided by a simple mission: Serving Others. For their customers, this means placing them at the center of all they do, working every day to deliver value and convenience through their neighborhood general stores. For their employees, this means respect and the opportunity to grow and develop their careers, and for their communities, this means helping support the communities they call home. They strive to make shopping hassle-free and affordable with easy-to-shop stores. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer - - Triple Net Mar 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
308-56-001F
Land Assessment
$39,222 (2025)
Improvements Assessment
$587,892 (2025)
Total Assessment
$627,114 (2025)
  • Listing ID: 24206084

  • Date on Market: 10/1/2021

  • Last Updated:

  • Address: 2406 W American Ave, Oracle, AZ 85623

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