15 E Pat Dr, Fredonia, AZ
New 10,542 SF Dollar General in Fredonia, Arizona.
- Added:
- Jul 2, 2025
- Days on Market:
- 347
- Last Refresh:
- May 20 at 8:09 pm
Property Features for 15 E Pat Dr
General Information
- Standard status
- Active
- Size
- 10,542 SF
- Lot size
- 0.88 Acres
- Property subtype
- RETAIL
Listing agent David Harrington (310) 295-1170
Listing office Matthews Real Estate Investment Services (310) 295-1170
Listing date Jul 2, 2025
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 Matthews Real Estate Investment Services
HighLights
- 15‑year absolute NNN lease offers zero management responsibilities.
- Corporate guaranty from Dollar General Corporation (NYSE: DG) provides security.
- Benefit from 5% rental escalations every 5 years for the life of the lease.
- Larger 10,542 SF Dollar General PLUS concept.
- Strong local demographics with an average household income of $75,729 annually.
- Corner entry prototype construction offers redevelopment potential.
Overview
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 | $221.4k | $21.00 |
| − Vacancy | −$14.4k | −$1.37 |
| EGI | $207.0k | $19.64 |
| − OpEx | −$51.7k | −$4.91 |
| NOI | $155.2k | $14.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fredonia
- County
- Coconino
- State
- Arizona
- Longitude
- -112.527
- Latitude
- 36.9455