Dollar General
Holbrook, AZ
Key Details
| Price: | $2,404,271 |
|---|---|
| Cap Rate: | 6.65% |
| Annual Rent: | $159,884 |
| Address: | 701 West Hopi Drive, Holbrook, Arizona 86025 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 4/19/2024 |
| Lease Expiration: | 4/30/2039 |
| Lease Term Remaining: | 14 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 1.59 Acres |
| Building Size: | 10,566 SF |
| Year Built: | 2024 |
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 701 West Hopi Drive, Holbrook, Arizona 86025. The site consists of roughly 10566 rentable square feet of building space on an estimated 1.59-acre parcel of land. This Dollar General is subject to a 15-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.
About the Investment
- 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, offering investors long-term stability and truly passive income.
- Scheduled Rental Increases | The lease includes 5.00% rental increases every five years, providing a reliable hedge against inflation and promoting long-term income growth.
- New Construction – 2024 Build | The subject property was recently constructed in 2024 and features modern retail infrastructure, reducing nearterm capital expenditure risk and aligning with current retail standards.
Key Details
| Price: | $2,404,271 |
|---|---|
| Cap Rate: | 6.65% |
| Annual Rent: | $159,884 |
| Address: | 701 West Hopi Drive, Holbrook, Arizona 86025 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 4/19/2024 |
| Lease Expiration: | 4/30/2039 |
| Lease Term Remaining: | 14 Years |
| Rental Increases: | 5.00% Every 5 Years |
| Lot Size: | 1.59 Acres |
| Building Size: | 10,566 SF |
| Year Built: | 2024 |
Talk to the Pros
Thomas Jonsson
tjonsson@nnnpro.com
License: AZ: BR695596000
Broker of Record
Thomas Jonsson
NNN Properties - Arizona
License: BR695596000
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.