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Dollar General

$2,017,000

2680 East Northern Avenue, Hualapai, AZ 86409

Active
Last Updated: 03/28/2025

6.5

Cap Rate

10,640 sqft

Building Size

Details:
Cap Rate:    6.5%
Building Size:    10,640 sqft
Lot Area:    1.01 acres
Lease Type:    Absolute Net
Year Built:    2024
Tenancy:    Single
Parking Spots:    36
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
  • Kingman is ideally located between Phoenix and Las Vegas making it a popular commuter destination
  • Dollar General generated $40.6 billion in 2024 fiscal year sales and a net income of $1.1 billion
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 20,000 stores nationwide.

Map:
Documents:
Title
DollarGeneral_KingmanAZ.pdf
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Location
Gallery