16500 Avra Valley rd - Freestanding FOR SALE


Marana, AZ 85653
$2,638,000 USD
650-678-7200
16500 Avra Valley rd, Marana, AZ for Sale
$2,638,000 USD
Freestanding - FOR SALE
1/2
null | 6.75% Cap Rate

16500 Avra Valley rd
Marana, AZ 85653


HIGHLIGHTS

  • Brand-new 15-year lease featuring 5% rental increases every 5 years throughout the base term and options
  • 2025 build-to-suit construction on large 1.96 acre lot
  • 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
  • Marana is ideally located between Phoenix and Tucson making it a popular commuter destination
  • Significant estimated population growth over the next five years within the 3, 5, and 10-mile radii

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 20,500 stores nationwide. Notice to AZ Residents and Property Owners: Consistent with state of AZ regulations, please direct all inquiries to AZ Broker.

FOR SALE DETAILS

PRICE

$2,638,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

-

APN/PARCEL ID

208-28-1890

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.