Streetfront Office/Retail 936 N F Ave 6,200 SF Retail Building Douglas, AZ 85607 $525,000 ($84.68/SF) 8.41% Cap Rate
EXECUTIVE SUMMARY
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an multi-tenant office/retail building located in Douglas, Arizona. The property is currently 100% occupied by two tenants, Southeastern Arizona Behavioral Health Services and Lutheran Social Services of the Southwest. The property is split in two slides so each tenant has independent entrance. The property benefits from owned parking lot on site and significant street-frontage facing F Avenue. Across the street, sits the only USPS office in downtown Douglas, boosting customers traveling to the immediate trade area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,200 SF
Year Built
1901
Price
$525,000
Price Per SF
$84.68
Cap Rate
8.41%
NOI
$44,153
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.31 AC
Zoning
Commercial - Located in the heart of down town. Great location.
AMENITIES
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- SEABAHS
- Services
- 6,200 SF
- $600.00
- TBD
- Jan 2022
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| SEABAHS | Services | 6,200 SF | $600.00 | TBD | Jan 2022 |
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 409-07-083 | Improvements Assessment | $14,398 |
| Land Assessment | $6,432 | Total Assessment | $20,830 |
CONTACTS
-
Michael Gutierres -
Maria Gutierrez - Douglas Realty Group
