445 4th St Benson, AZ 85602-6560
This exceptional retail investment property in Benson, Arizona, presents a compelling opportunity. The 13,034 square foot property boasts a strong tenant roster, including a Dollar General store that underwent a major renovation in 2022 and recently signed a five-year lease extension. A second tenant, the Arizona Department of Child Safety, occupies a portion of the building under a seven-year lease with a build-to-suit provision. The property features 100% occupancy, generating a substantial net operating income (NOI) of $132,000, resulting in an attractive 8.30% cap rate. Built in 2004 and situated on a sizable 64,470 square foot lot, the property is zoned B-1 and offers a solid return on investment. The asking price is $1,590,000, translating to $121.99 per square foot. This is a fee-simple ownership opportunity with a Class B building and a Net Lease (NN+) structure. The property's location in Benson, a central hub for northeastern Cochise County, ensures strong tenant demand and long-term stability. The credit-rated tenants provide further assurance of consistent income generation. This is a rare opportunity to acquire a well-established, high-performing retail investment property in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.