Property profile

11 Az-92 Bisbee, AZ 85603

OFF-MARKET
Retail properties & Spaces
10,566 SF 1.47 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 10,566-square-foot Dollar General store situated on a 1.47-acre lot in Bisbee, Arizona. Built in 2024, the property boasts ample parking, prominent pylon signage, and convenient ingress/egress. The property is leased under an absolute NNN lease structure, offering the investor zero landlord responsibilities. The lease features a substantial 15-year base term with three 5-year options, each including a 10% rental increase. The current net operating income (NOI) stands at $126,792, yielding a compelling 6.60% cap rate on the asking price of $1,920,000 ($181.71 per square foot). Dollar General, a highly reputable investment-grade tenant (S&P credit rating of BBB), operates nearly 20,000 stores nationwide. The property benefits from its location, with strong traffic counts on nearby SR-80 (6,343 vehicles per day) and Highway 92 (2,436 vehicles per day) (Source: Land Vision, CoStar, 2022). Furthermore, the surrounding community thrives, exhibiting an average household income exceeding $65,000 within a 15-mile radius (2023 data). The property's proximity to Sierra Vista (population 45,479, less than 25 miles away) further enhances its appeal. The property's address is 11 AZ-92, Bisbee, AZ 85603, APN 103-72-052. The seller is motivated to close before the year's end.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 10,566 SF
Lot 1.47 ac (64,033 SF)

Cap rate & NOI

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

Location

11 Az-92 Bisbee, AZ 85603
Bisbee metro
Google Maps

Value estimations

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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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