Dollar General
$2,017,000
2680 East Northern Avenue, Hualapai, AZ 86409
For Sale
Retail
Free Standing
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.
Documents:
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DollarGeneral_KingmanAZ.pdf
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