5 St And Pan American Ave Douglas, AZ 85607
- Retail properties
- 54,522 SF
- 5.60 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 5 St And Pan American Ave
- Lot size
- 5.60 lot acres
- Property size
- 54,522 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional retail investment opportunity in Douglas, Arizona, presents a 54,522 square foot multi-tenant grocery store situated on a 5.6-acre lot at the prominent intersection of Fifth Street and Pan American Avenue. The property, formerly a Safeway, offers significant potential for multiple users due to its size and layout, allowing for flexible configurations to suit various retail needs. Its strategic location directly across from a Walmart Supercenter and other popular retailers ensures high visibility and substantial foot traffic. The property's prime location in Douglas, Arizona, benefits from its proximity to the US-Mexico border and the substantial population of Agua Prieta, Mexico (estimated at 150,000). Further enhancing its appeal is the potential for developing an additional ±2,520 square foot retail pad with a drive-thru, providing further expansion opportunities. The asking price is $2,400,000, translating to $44.02 per square foot. This represents a rare chance to acquire a premier retail asset in a thriving border town market. The property's current configuration accommodates three tenants, showcasing its capacity for diverse retail operations. This is a truly exceptional opportunity to capitalize on a high-demand location with significant growth potential. The property's size and location make it an ideal investment for both established and emerging businesses seeking a strong foothold in a dynamic market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Cochise
- State
- Arizona
- Longitude
- -109.561
- Latitude
- 31.3395
