401 Direct Dr Benson, AZ 85602
- Specialty properties
- 6,969 SF
Current Use by Public Records
- Specialty properties
Property Details for 401 Direct Dr
- Property size
- 6,969 SF
- Property type
- Specialty properties
- Property subtype
- Telecom centers
Description
Exceptional investment opportunity: a 6,969 square foot DirecTV data center and broadcasting facility located at 401 Direct Dr, Benson, Arizona, 85602. This fee-simple property boasts a new 20-year absolute triple-net lease (NNN) with approximately 18.4 years remaining, commencing March 31, 2023, and expiring March 31, 2043. The lease includes four 5-year renewal options and features a strong 3% annual rent escalation. The property generates a substantial net operating income (NOI) of $255,717, resulting in an attractive 6.25% capitalization rate. The asking price is $4,091,472, translating to a price per square foot of $587.10. This mission-critical site offers a passive, low-risk investment with significant long-term cash flow potential. The property is classified as a special purpose building and is a single-tenant occupancy. This is a rare opportunity to acquire a high-quality, long-term leased data center in a stable market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benson
- County
- Cochise
- State
- Arizona
- Longitude
- -110.305
- Latitude
- 31.9727
