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Dollar General 925 Main st 9,026 SF Retail Building Quartzsite, AZ 85346 $1,891,472 CAD ($209.56 CAD/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Guarantee | The subject property features a strong, investment grade credit, corporate guarantee.
- Strong Store Performance | According to Placer.AI, this Dollar General generates an estimated $1.7M in annual sales.
- Absolute Triple Net (NNN) | Lease The subject property features an absolute triple net (NNN) lease, with zero landlord responsibilities.
EXECUTIVE SUMMARY
SURMOUNT is pleased to present the exclusive listing for a Dollar General located at 925 W. Main St, Quartzsite, AZ 85346. The site consists of roughly 9,026 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 8/16/2012. The current annual rent is $99,600 and has scheduled increases of 10.00% at start of each option period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,026 SF
Building Class
B
Year Built
2011
Price
$1,891,472 CAD
Price Per SF
$209.56 CAD
Cap Rate
7.35%
NOI
$139,034 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.50 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 306-23-017 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $840,167 CAD |
PROPERTY TAXES
Parcel Number
306-23-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$840,167 CAD
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Dollar General | 925 Main st
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