For Sale
$2,400,000

0 5 St And Pan American AveDouglas, AZ 85607

Multi-Tenant Retail, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail investment opportunity in Douglas, Arizona, presents a 54,522 square foot multi-tenant grocery store situated on a 5.6-acre lot at the prominent intersection of Fifth Street and Pan American Avenue. The property, formerly a Safeway, offers significant potential for multiple users due to its size and layout, allowing for flexible configurations to suit various retail needs. Its strategic location directly across from a Walmart Supercenter and other popular retailers ensures high visibility and substantial foot traffic. The property's prime location in Douglas, Arizona, benefits from its proximity to the US-Mexico border and the substantial population of Agua Prieta, Mexico (estimated at 150,000). Further enhancing its appeal is the potential for developing an additional ±2,520 square foot retail pad with a drive-thru, providing further expansion opportunities. The asking price is $2,400,000, translating to $44.02 per square foot. This represents a rare chance to acquire a premier retail asset in a thriving border town market. The property's current configuration accommodates three tenants, showcasing its capacity for diverse retail operations. This is a truly exceptional opportunity to capitalize on a high-demand location with significant growth potential. The property's size and location make it an ideal investment for both established and emerging businesses seeking a strong foothold in a dynamic market.

Highlights

  • $2,400,000 asking price for a 54,522 SF retail property.
  • Multi-tenant grocery store with three tenants.
  • Located at Fifth Street and Pan American Ave, Douglas, AZ 85607, on a 5.6-acre lot.
  • $44.02 price per square foot.
  • Former Safeway location with potential for division and a 12,520 SF retail pad with drive-thru.

Property Details for 0 5 St And Pan American Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
54,522 SF
Lot Size (sq. ft)
243,936 SF

Location Insight

City
Douglas
County
Cochise
State
Arizona
Latitude
31.33953
Longitude
-109.56091
5 St And Pan American Ave, Douglas, Arizona

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0 5 St And Pan American Ave
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