701 W Hopi Dr - Convenience Store FOR SALE
Holbrook, AZ 86025 |
$2,404,271 USD
310-966-0122
701 W Hopi Dr
Holbrook, AZ 86025
HIGHLIGHTS
- Brand New 15-Year NNN Lease | The lease is backed by Dollar General Corporate and features an initial 15-year term with zero landlord responsibilities
- Scheduled Rental Increases | The lease includes 5.00% rental increases every five years, providing a reliable hedge against inflation
- New Construction – 2024 Build | The subject property was recently constructed in 2024 and features modern retail infrastructure
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 701 West Hopi Drive, Holbrook, Arizona 86025. The site consists of roughly 10566 rentable square feet of building space on an estimated 1.59-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 4/19/2024. The current annual rent is $159,884 and has scheduled increases of 5.00% Every 5 Years.
FOR SALE DETAILS
PRICE
$2,404,271 USD
PRICE/SF
$228 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,260 SF
ZONING
-
APN/PARCEL ID
109-02-142
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310-966-0122
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310-966-0122
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