10255 Hbr Ave Mohave Valley, AZ 86440-9625
- Strip malls
- 9,014 SF
- 1.07 lot acres
Current Use by Public Records
- FedEx OnSite / Mailing Service
- Dollar General / Dollar Store / Beauty Supply Store
- Western Union / Money Transfer Service
Property Details for 10255 Hbr Ave
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 1.07 lot acres
- Property size
- 9,014 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 224-28-031
- APU
- 22428031
Description
This exceptional investment opportunity presents a fee-simple owned, single-tenant Dollar General store in Mohave Valley, Arizona. The 9,014 square foot building, constructed in 2008, sits on a 1.07-acre lot at 10255 Harbor Ave, 86440, enjoying high visibility and traffic on a main thoroughfare. The property boasts a strong 7.50% cap rate and a $102,000 NOI, backed by a corporate guarantee from Dollar General, a BBB-rated tenant with a proven track record and over 20,000 stores nationwide. The lease includes three 5-year options, ensuring long-term stability. This free-standing building offers passive income potential with significant leverage opportunities to achieve a return exceeding 12%. Additional parking lot rental income is a potential upside. The property's location within a market with limited competition further enhances its investment appeal. This is a rare chance to acquire a well-established, high-performing retail asset with a secure tenant and substantial growth potential. The asking price is $1,360,000.
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
- Mohave Valley
- County
- Mohave
- State
- Arizona
- Longitude
- -114.605
- Latitude
- 34.8579
- CBSA code
- 29420
- CBSA name
- LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
