2680 E Northern Ave - Freestanding FOR SALE


Kingman, AZ 86409
$2,017,000 USD
650-678-7200
2680 E Northern Ave, Kingman, AZ for Sale
$2,017,000 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

2680 E Northern Ave
Kingman, AZ 86409


HIGHLIGHTS

  • Brand-new 15-year lease featuring 5% rental increases every 5 years throughout the base term and options
  • 2024 build-to-suit construction
  • The lease is backed by a corporate guaranty from Dollar General – #108 on the Fortune 500 list of companies
  • Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
  • The subject property benefits from direct access to Highway 66 and Highway 40 and is located just 5 miles from Kingman Airport
  • Nearby national retailers driving traffic to the trade area including Safeway, Smith’s, Walmart, PetSmart, Ross, and In-N-Out

OVERVIEW

New lease structure 15-year absolute NNN Dollar General featuring 5% rental increases every 5 years throughout the base term and options. The tenant is the country’s largest small-box discount retailer with over 20,000 stores nationwide.

FOR SALE DETAILS

PRICE

$2,017,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

6.5%

% 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

2024

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

324-09-135,324-09-180B

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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