Net Lease TV - Newly Developed Dollar General For Sale in Bisbee AZ - 6.70% Cap
24 views
Description
In this episode of Net Lease TV on Tour Chris Marabella of Marabella Commercial Finance, Inc. and Net Lease TV and Jesse Limon of the Jesse Limon Team at Marcus and Millichap discuss a newly developed Dollar General they are Co-Brokering located in Bisbee Arizona (Broker of Record Ryan Sarbinoff Marcus and Millichap - LIC: AZ AZ: BR675146000 | NM: 20675). The following are details of the Dollar General Net Leased Property for Sale; Name of Store: Dollar General Corporate Leased Address: 11 W AZ 92, Bisbee, AZ 85603 List Price: $1,892,000 NOI: $126,792 (6.70% Cap) Rental Increases: Flat During Primary Term, 10% in Options. Lease Type: Absolute Net Primary Lease Term: 14 Years +/-, Lease Expiration 4/30/2040. Options: Three - 5 Year Square Feet: 10,566 Square Feet Land: 1.47 Acres Year Built: 2024 Ownership: Fee Simple to the best of our knowledge. Strong Demographics: Sierra Vista MSA Population 126,000 in 2022. Job Growth: 21.8% Expected job growth next ten years. To submit a Letter of Interest with the listing agent and seller click on the link below; Submit Triple Net & Double Net Loan Request For Properties; https://www.marabellafinance.com/prop... For additional Starbucks and Net Lease properties for sale and financing information visit MCF's website at https://www.marabellafinance.com or call / text Christian Marabella at (760) 803-6464. For additional ideas for Net Lease TV on Tour or Net Lease TV call or email Christian Marabella at (760) 803-6464 and email is nnn@marabellafinance.com All information is not guaranteed expressed or implied. Potential buyer must verify all information. All rates, terms and cap rates in this episode of Net Lease TV is subject to change without notice.