200 W Wickenburg Way
Wickenburg, AZ 85390

Marcus & Millichap is pleased to exclusively list a 8,050 +/- square foot Family Dollar located at in Wickenburg, (Maricopa County) Arizona. Family Dollar is an investment grade tenant with a credit rating of Baa2 and a stable future outlook according to Moody's. Family Dollar has been operating in its current location since 2001. Family Dollar has recently exercised their 2nd renewal option (out of 4) which will commence on January 1, 2019. There are 10% rental increases at every option period. Additionally, there is a 3% percentage rent clause if annual sales are greater than $2,411,500. Landlord responsibilities are limited to the replacement of the roof, structure and HVAC system. Wickenburg is a city in Maricopa County, Arizona. The subject property is approximately 52 miles northwest of Phoenix. The Family Dollar building is located on Route 60 (West Wickenburg Way), a direct highway that leads to Phoenix. Wickenburg shares its border with the municipalities of Allah, Matthie, Sand Mill and Birmingham. The major roads and highway that pass through or near Wickenburg are Interstate 17, Route 60, Route 93, CR-71 and CR 74. Within a five-mile radius of Wickenburg, the average household income is $57,470 among the 9,150 individuals who reside within a five-mile radius of the subject property. The asking price of $1,125,300 represents a 7.50 percent cap rate.