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93 W 5th St
Douglas, AZ 85607
Verizon · Retail Property For Sale
Investment Highlights
- Operating Since 2014 – Tenant Has Twice Extended This Lease, Most Recently in June 2026
- ?Rare Standalone Location Adjacent to Walmart Supercenter (1.7M Annual Visits)
- ?Growing Border City Benefiting from Significant Cross-Border Traffic That Supports the Douglas Economy
- ?One of Verizon’s Largest Authorized Retailers, Independently Operated with 750+ Locations in 43 States
- 3.5 Miles from Douglas Municipal Airport & 9.5 Miles from Bisbee–Douglas International Airport
Executive Summary
Fisher James Capital is pleased to offer a freestanding Verizon retail property in Douglas, Arizona for $800,000 at a 6.39% cap rate. The property is leased to Russell Cellular, Inc., one of Verizon’s largest Authorized Retailers with 750+ locations across 43 states, with approximately five years remaining on the lease. The tenant has operated at this location since 2014 and has twice extended its lease, most recently in June 2026. The property is located adjacent to a Walmart Supercenter receiving approximately 1.7 million annual visits and less than one mile from the U.S.-Mexico border, benefiting from approximately 3.6 million annual northbound travelers through the Douglas Port of Entry.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,010 SF
Building Class
B
Year Built
2001
Price
$800,000
Price Per SF
$265.78
Cap Rate
6.39%
NOI
$51,118
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.57 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 409-09-080B | Improvements Assessment | $26,922 |
| Land Assessment | $14,976 | Total Assessment | $41,898 |
Property Taxes
Parcel Number
409-09-080B
Land Assessment
$14,976
Improvements Assessment
$26,922
Total Assessment
$41,898
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