Property profile

10255 Hbr Ave Mohave Valley, AZ 86440

OFF-MARKET
Strip malls
Property ID
US07-0965513
9,014 SF 1.07 ac lot Built 2008
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction STEEL FRAME
Total area 9,014 SF
Lot 1.07 ac (46,609 SF)
APN 224-28-031
UPID US07-0965513

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Postal Service Courier Service
  • Discount Store
  • Bank Credit Union

Location

10255 Hbr Ave Mohave Valley, AZ 86440-9625
Mohave Valley metro Census 955002 LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2017
7 recorded transactions
2020
Price N/A
2017
$1.3M
2008
$1.2M
2007
Price N/A
2007
$325,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.0M +103.0%
Apartment house (5+ units) $1.5M +49.4%
Auto repair, garage $1.4M +47.9%

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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