Multi-Tenant Retail Investment
For Sale
Contact for pricing
306 S Ocotillo Ave, Benson, AZ 85602
85% leased retail center anchored by Tractor Supply Company.
Property Size47,000 SF
Price / SF$63.83
Days on Market799
Property Features for 306 S Ocotillo Ave
General Information
Standard status
Active
Size
47,000 SF
Property subtype
Retail
Zoning
B-2 General Business
Occupancy
85%
Net Operating Income
$241,395
Building Details
Year Renovated
2022
Tenancy
Multi
Listing Agency:
Volk Company Commercial Real Estate
(520) 441-4771
Listed By:
Jeramy Price · License #AZ SA650998000
Source:
Crexi
Added: Jun 14, 2024
Changed: Aug 21
Last Checked: Aug 21 at 1:24PM
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 Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant retail property in Benson, Arizona, presents an investment opportunity. The property is currently 85% leased and includes Tractor Supply Company, Sentek USA Inc., House of Iron Crossfit, and Vay Beauty Salon & Co. Five spaces remain vacant. Tractor Supply Company has been a tenant since 2013 and recently exercised the first of four 5-year options. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. Sentek Technologies, an agricultural company established in 1991, is expanding its space within the shopping center. The property is situated in the primary retail area of Benson, offering visibility, accessibility, and proximity to Interstate 10. It is adjacent to Benson Hospital, across from Benson Pharmacy, and near Walmart Supercenter, Burger King, Jack in the Box, Safeway, Wendy's, and Taco Bell. The property size is 47000 square feet.
Key Highlights
- Anchored by Tractor Supply Company, a long‑term tenant since 2013, demonstrating stability.
- 85% leased with upside potential from filling the remaining five vacant spaces.
- Located in the dominant retail destination in Benson, offering excellent visibility and easy access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
129k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 29%
Groceries 15%
Shops & Services 12%
Walmart
Superstores
39,725 visits/mo
0.4 miles
Safeway
Groceries
18,971 visits/mo
0.2 miles
Jack in the Box
Dining
11,874 visits/mo
0.3 miles
Wendy's
Dining
10,846 visits/mo
0.3 miles
Burger King
Dining
10,055 visits/mo
0.4 miles
Demographics for 85602, AZ
10,198
Population
5,386
Households
1.9
Avg Household Size
54
Median Age
26%
College-Educated
91%
High-School Grad
847.5 sq mi
ZIP Area
12
Density / Sq Mi
$53,725
Median Household Income
$32,471
Median Earnings
$760
Median Rent
$195,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - 85% leased retail center anchored by Tractor Supply Company.
Where is this shopping center located?
The property is located at 306 S Ocotillo Ave Benson, AZ.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Anchored by Tractor Supply Company, a long‑term tenant since 2013, demonstrating stability.; 85% leased with upside potential from filling the remaining five vacant spaces.; Located in the dominant retail destination in Benson, offering excellent visibility and easy access.
