16500 West Avra Valley Road
$2,638,000
16500 West Avra Valley Road, Marana, AZ 85653
For Sale
Retail
Free Standing
Active
Last Updated: 06/25/2025
6.75
Cap Rate
178,038
NOI
Details:
Cap Rate: 6.75%
NOI: $178,038
Building Size: 10,566 sqft
Lot Area: 1.96 acres
Lease Type: Absolute Net
Year Built: 2025
Tenancy: Single
Parking Spots: 38
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
Description:
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.
Documents:
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DollarGeneralPlus_MaranaAZ.pdf
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
