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Commercial For sale Retail Mixed Use

Douglas, AZ - Multi-Tenant Building

936 F Ave, Bay Acres, Arizona 85607

$465,000
$75 / sq ft 9.5% cap rate Listed Oct 8, 2024
6,200 sqft
Building
13,507 sqft
Lot
1901
Built
12
Parking

About this property

Douglas, AZ - Multi-Tenant Building is a retail for sale in Bay Acres, Arizona, listed at $465,000. Key details: year built 1901, building size 6,200 sqft, lot size 13,507 sqft, parking spaces 12. Listed by Jack Cornell of SRS Real State Partners on LoopingCloud and last updated May 22, 2026.

Stable High-Yield Multi-Tenant Office & Retail Asset For Sale: 936 F Ave, Douglas, AZ 85607

100% Occupied Dual-Suite Commercial Building Anchored by Essential Social & Community Services inside a Dominant Downtown Corridor

SRS National Net Lease Group is pleased to present a premier commercial acquisition opportunity positioned within the strategic southern Arizona border market: 936 F Ave, Douglas, AZ 85607. Offered at an accessible price point of $465,000, this stable multi-tenant property features a remarkable 9.50% Cap Rate, yielding an immediate, predictable Net Operating Income (NOI) of $44,154.

The property represents a fee simple interest acquisition (land and building ownership) of a highly functional 6,200 SF multi-tenant office and retail facility. Currently 100% occupied by two well-established, community-essential healthcare and social service organizations, this asset serves as an excellent defensive vehicle for a private investor or a 1031 exchange buyer looking to secure a high-yield income stream backed by historically recession-resistant tenant profiles.

Intelligent Dual-Suite Layout & Specialized On-Site Infrastructure

The structural framework of 936 F Avenue has been meticulously configured to minimize landlord risk and streamline daily operational overhead.

  • Independent Dual-Entrance Footprint: The 6,200 SF structure is perfectly split into two distinct, mirrored operational wings. Each tenant benefits from an independent customer entrance and dedicated lobby frontage. This smart physical division isolates traffic flow, completely removes inter-tenant friction, and makes it incredibly simple to manage utility sub-metering or execute future layout updates.

  • Highly Desirable Private Off-Street Parking: Finding an office building with dedicated parking in a historic downtown grid can be a major challenge. This property features an owned, private on-site parking lot located directly behind the structure. This valuable feature gives staff, elderly patients, and disabled clients a safe, convenient place to park—vastly outperforming competing downtown locations that rely solely on timed street spaces.

  • Significant F Avenue Storefront Visibility: Boasting continuous commercial frontage along F Avenue—the primary north-south business corridor driving through the heart of Douglas—the building serves as a permanent, high-visibility landmark.

Recession-Resistant Tenant Mix & Essential Community Gravitational Drivers

The long-term stability of this asset is reinforced by the essential nature of its tenant roster and its close proximity to critical federal infrastructure.

The Anchor Tenant Profiles:

  1. Southeastern Arizona Behavioral Health Services (SEABHS): A vital regional healthcare operator providing essential outpatient psychiatric care, mental health counseling, and critical case management services across Cochise County.

  2. Lutheran Social Services of the Southwest: A highly respected statewide organization utilizing their suite as a primary regional home-care and community assistance hub, delivering housekeeping, personal care, and respite programs directly to local seniors and adults with disabilities.

Crucial Public Infrastructure Synergy:

The property is positioned directly across the street from the main United States Postal Service (USPS) office in downtown Douglas. As the sole mail and distribution hub serving the local population, this post office acts as a massive daily foot-traffic generator. Hundreds of local residents, business owners, and couriers travel to this exact block daily, providing your real estate footprint with continuous, passive neighborhood familiarity and unmatched public visibility.

Financial Summary & Property Specifications

Investment & Structural Component Detail Specification & Financial Metrics
Property Asset Address 936 F Ave, Douglas, AZ 85607
Total Offering Purchase Price $465,000
Market Cap Rate Evaluation 9.50%
Net Operating Income (NOI) $44,154
Gross Leasable Area (GLA) 6,200 ± Total Square Feet
Current Asset Occupancy Rate 100% Fully Leased
Total Suite / Tenant Count 2 Independent Structural Layouts
Dedicated On-Site Parking Private, Owned Surface Lot
Primary Economic Drivers Medical, Government Infrastructure, Social Services

Core Investment Highlights & Acquisition Advantages

Net Lease Valuation Strategy: In an environment where institutional urban assets yield compressed returns, this 9.50% cap rate property in Douglas presents an elite yield-play opportunity. Because both tenants provide critical regional medical and social support funded largely via secure government block grants, Medicaid, and healthcare programs, the tenancy is incredibly sticky. This makes the asset highly defensive against broader economic downturns or retail e-commerce disruption.

  • Exceptional 9.50% Capitalization Yield: Maximize your monthly portfolio cash flow immediately with a secure double-digit yield profile that significantly outpaces traditional retail or industrial assets.

  • 100% Fully Leased Simplicity: Avoid the immediate leasing broker expenses, empty suite marketing timelines, and tenant improvement (TI) buildout bills that come with buying value-add real estate.

  • Strategic Infill Location Next to the USPS: Capitalize on the steady community foot traffic generated by the central post office located directly across the street, anchoring your property to the most consistent transit hub in town.

  • Low Barrier to Entry Asset Class: Secure land and structural building ownership in a steadily growing Arizona market for under $500,000—a perfect entry point for private investors launching a commercial portfolio.

Contact our investment sales team today to receive the complete property offering memorandum, evaluate Cochise County tax maps, review detailed interior tenant floor plans, or arrange a secure private tour of this high-yield commercial asset.

Key highlights

  • Occupied
  • Ground Lease
  • APN 409-07-083

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1901
Building Size
6,200 sqft
Lot Size
13,507 sqft
Parking Spaces
12
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing
Ground Lease
Yes

Pricing details

Net Operating Income
$44,154
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

9.5%
Cap rate
$44,154
Net operating income
$75
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$12.5K$25K$37.5K$50KGross income -Net operating income $44,1542024
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2024---$44,154--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $465,000 9.5% - - -

Features and amenities

Prominent Tenants

  • Tenant Southeastern Arizona Behavioral Health Services Lutheran Social Services of the Southwest

Property Features

  • APN 409-07-083
  • Ownership Fee Simple (Land & Building Ownership)

Location

Address as shown by the lister.

Get directions

About this area - Douglas

Population
21,131
Housing units
6,998
Land area
366.0 sq mi
County
Cochise

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Additional contacts

2 people to reach
  • Heston Beacco (UT 10389578-SA00)Realtor Associate (801) 790-0442
  • Ed Beeh (AZ #: BR032807000)Executive Vice President & Managing Principal (602) 682-6040

Frequently asked questions

What is the asking price of Douglas, AZ - Multi-Tenant Building?

Douglas, AZ - Multi-Tenant Building is listed at $465,000. That works out to about $75 per square foot. The stated cap rate is 9.5%.

Where is Douglas, AZ - Multi-Tenant Building located?

The property is in 936 F Ave, Bay Acres, Arizona 85607, Cochise County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 6,200 sqft. The lot is 13,507 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Jack Cornell of SRS Real State Partners listed this property. Use the Request Info button to send a message or call (801) 410-1621.

When was this listing published?

It was published on October 8, 2024 and last updated on May 22, 2026.

Listing information

Listing ID
CL-Arizona-12348
Published
Oct 8, 2024
Last updated
May 22, 2026
Views
408

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