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Dollar General 701 W Hopi Dr 10,566 SF Retail Building Holbrook, AZ 86025 $2,368,652 ($224.18/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year NNN Lease The lease is backed by Dollar General Corporate and features an initial 15-year term with zero landlord responsibilities
- New Construction – 2024 Build The subject property was recently constructed in 2024 and features modern retail infrastructure
- Scheduled Rental Increases The lease includes 5.00% rental increases every five years, providing a reliable hedge against inflation
- Investment Grade Corporate Guarantee
EXECUTIVE SUMMARY
SURMOUNT is pleased to present the exclusive listing for a Dollar General located at 701 West Hopi Drive, Holbrook, AZ 86025. The site consists of roughly 10,566 rentable square feet of building space on an estimated 1.59-acre parcel of land. This Dollar General is subject to a 15 Years-year Triple Net (NNN) lease, which commenced 4/19/2024. The current annual rent is $159,884 and has scheduled increases of 5.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,566 SF
Building Class
B
Year Built
2024
Price
$2,368,652
Price Per SF
$224.18
Cap Rate
6.75%
NOI
$159,884
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.59 AC
Frontage
236’ on West Hopi Drive
AMENITIES
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 109-02-142 | Improvements Assessment | $1,367,864 |
| Land Assessment | $23,338 | Total Assessment | $1,391,202 |
PROPERTY TAXES
Parcel Number
109-02-142
Land Assessment
$23,338
Improvements Assessment
$1,367,864
Total Assessment
$1,391,202
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Dollar General | 701 W Hopi Dr
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