Family Dollar Tree | 2140 W American Ave
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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
±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
Parcel Number | 308-56-001D | Improvements Assessment | $0 |
Land Assessment | $48,680 | Total Assessment | $48,680 |
PROPERTY TAXES
Parcel Number
308-56-001D
Land Assessment
$48,680
Improvements Assessment
$0
Total Assessment
$48,680
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Family Dollar Tree | 2140 W American Ave
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