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Property profile

0 5 St And Pan American Ave Douglas, AZ 85607

OFF-MARKET
Retail properties & Spaces
54,522 SF 5.6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 54,522 SF
Lot 5.6 ac (243,936 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 St And Pan American Ave Douglas, AZ 85607
Douglas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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