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Dollar General 443-445 W 4th St

13,014 SF 100% Leased Retail Building Benson, AZ 85602 $1,590,000 ($122/SF) 8.16% Cap Rate

Executive Summary

Strong tenants for the market they service. Dollar General has been in the location since 2004 and did a major store renovation 2 years ago. They just signed a 5-year extension and still have another 5 year option. New tenant Az Dept of Child Safety signed 7-year lease with a build to suit provision after expanding from their old location. Benson is the hub to a number of northeastern Cochise County rural communities.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,014 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
$1,590,000
Price Per SF
$122
Cap Rate
8.16%
NOI
$129,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Land Acres
1.48 AC
Opportunity Zone
Yes
Zoning
B-1
Parking
34 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
325 FT on 4th Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
123-20-004E
Land Assessment
$24,153
Improvements Assessment
$198,834
Total Assessment
$222,987
  • Listing ID: 27202898

  • Date on Market: 11/29/2022

  • Last Updated:

  • Address: 443-445 W 4th St, Benson, AZ 85602

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