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    Retail Property in Sunsites, Arizona Title is generated by Realmo AI

    1323 E High St, Sunsites, AZ 85625

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    Retail property built in 2017, suitable for various business ventures.

    Type:RETAIL
    Property size:
    9,100 SF
    Lot size:
    1.11 Acres
    Price / SF:
    $156/SF
    Added:
    Jun 20, 2022
    Days on Market:
    1450
    Last Refresh:
    May 20 at 8:32 pm

    Property Features for 1323 E High St

    General Information

    Standard status
    Active
    Size
    9,100 SF
    Lot size
    1.11 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Dave Hammack
    Dave Hammack

    Listing agent Dave Hammack License #SA524273000

    Listing office Picor Commercial Real Estate Services

    Listing date Jun 20, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Picor Commercial Real Estate Services

    HighLights

    • Annual Rent: $101,503.08
    • Building Size: 9,100 SF
    • Land Area: ±1.11 acres
    • Year Built: 2017
    • Dollar General is the only dollar store chain with an investment grade rating from S&P and Moody’s.
    • Dollar General is the country’s largest small box retailer.

    Overview

    The retail property, constructed in 2017, features a building size of 9,100 square feet and is situated on approximately 1.11 acres of land. The property's annual rent is $101,503.08. Dollar General is the country’s largest small box retailer and is the only dollar store chain with an investment grade rating from S&P and Moody’s. As of January 2023, Dollar General was ranked #106 on the Fortune 500 list.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $136.5k $15.00
    − Vacancy −$10.6k −$1.17
    EGI $125.9k $13.83
    − OpEx −$31.5k −$3.46
    NOI $94.4k $10.37
    9,100 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.35M
    $1.18M – $1.57M (±1% cap)
    NOI $94,390 @ 7.0% cap · market cap 6.65%
    Second Best
    Retail
    $839.2K
    $734.3K – $979.0K (±1% cap)
    NOI $58,741 @ 7.0% cap · market cap 4.14%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store FedEx OnSite Postal Service Redbox Cinema Western Union Bank

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunsites
    County
    Cochise
    State
    Arizona
    Longitude
    -109.833
    Latitude
    31.9416

    FAQs

    What type of property is this?
    Storefront property - Retail property built in 2017, suitable for various business ventures.
    Where is this storefront property located?
    The property is located at 1323 E High St Sunsites, AZ.
    What is the asking price?
    The asking price for this property is $1,419,624.
    What are key features of this property?
    This property features: Annual Rent: $101,503.08; Building Size: **9,100 SF**; Land Area: ±1.11 acres
    (520) 748-7100 Call to check price and availability
    More about this property
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