2406 W American Ave - Convenience Store FOR SALE


Oracle, AZ 85623
$1,350,000 USD
909-980-6868
2406 W American Ave, Oracle, AZ for Sale
$1,350,000 USD
Convenience Store - FOR SALE
1/4
null | 5.01% Cap Rate

2406 W American Ave
Oracle, AZ 85623


HIGHLIGHTS

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

OVERVIEW

• 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.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

CB-2, County

APN/PARCEL ID

308-56-001F

ASK ABOUT THIS PROPERTY

Rene Ramos, Jr.KW Commercial- Inland EmpireMore Info
909-980-6868

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Rene Ramos, Jr.KW Commercial- Inland EmpireMore Info
909-980-6868

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