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Family Dollar Tree 2140 W American Ave

10,500 SF Retail Building Oracle, AZ 85623 $1,591,935 ($152/SF) 7.75% Cap Rate

Investment Highlights

  • 2024 build-to-suit construction for Family Dollar Tree
  • Three, 5-Year renewal options all of which include a $0.50/SF rent increase
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • ±9.5 Years remaining on an initial 10-Year lease
  • Corporately guaranteed lease
  • The subject property comes with a 20-Year roof warranty

Executive Summary

2024 build-to-suit construction for Family Dollar Tree
±10 Years remaining on an initial 10-Year lease
Three, 5-Year renewal options all of which include a $0.50/SF rent increase
Corporately guaranteed lease
Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
SIMON ASSAF
Broker of Record
License No. CO701910000 (AZ)
contact@matthews.com
866.889.0550

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
10,500 SF
Year Built
2024
Price
$1,591,935
Price Per SF
$152
Cap Rate
7.75%
NOI
$123,375
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
9.90 AC
Zoning
CB2
Frontage
265 FT on West American Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
308-56-001D
Land Assessment
$48,680
Improvements Assessment
$0
Total Assessment
$48,680
  • Listing ID: 31577581

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 2140 W American Ave, Oracle, AZ 85623

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