2281 Highway 260 - Freestanding FOR SALE


Overgaard, AZ 85933
$994,150 USD
970-690-4227
2281 Highway 260, Overgaard, AZ for Sale
$994,150 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

2281 Highway 260
Overgaard, AZ 85933


HIGHLIGHTS

  • Established store with proven long-term tenancy in a location on a main thoroughfare, free-standing single-tenant building
  • Investment Grade Dollar Store with "BBB" Credit Rating, largest small-box retailer with over 20,000 stores
  • High convenience store, prominent visibility, and traffic, with little competition in this market

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire this Dollar General store located in Overgaard, 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.

FOR SALE DETAILS

PRICE

$994,150 USD

PRICE/SF

$110 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

206-27-017U

ASK ABOUT THIS PROPERTY

Jared GoodmanCushman & WakefieldMore Info
970-690-4227

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Jared GoodmanCushman & WakefieldMore Info
970-690-4227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.