Retail Property in Sunsites,
1323 E High St Sunizona, AZ 85625
For Sale
Contact for pricing
Retail property built in 2017, suitable for various business ventures.
Property Size9,100 SF
Lot Size1.11 Acres
Price / SF$156
Days on Market1496
Property Features for 1323 E High St
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Lot size
- 1.11 Acres
- Property subtype
- RETAIL
Listing Agency:
Picor Commercial Real Estate Services
(520) 546-2712
Listed By:
Dave Hammack · License #SA524273000
Source:
Moodyscre
Added: Jun 20, 2022
Changed: Jul 10
Last Checked: Jul 21 at 4:42AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Annual Rent: $101,503.08
- Building Size: 9,100 SF
- Land Area: ±1.11 acres
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
NOI $94,390 @ 7.0% cap · market cap 6.65%
Second Best
Retail
$839.2K
$734.3K – $979.0K
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
FedEx OnSite
Postal Service
Redbox
Cinema
Western Union
Bank
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 Sunizona, 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
