Family Dollar 314 E Business Park Dr
7,815 SF Retail Building Chino Valley, AZ 86323 $745,000 ($95.33/SF) 8.30% Cap Rate
EXECUTIVE SUMMARY
- Family Dollar, a wholly owned subsidiary of Dollar Tree (NASDAQ: DLTR), is a discount retail chain offering everyday items at an affordable price including groceries, cleaning supplies, laundry care, and more. Currently, Family Dollar operates more than 7,500 stores (Source: Family Dollar).
- This location has an extremely healthy rent-to-sales ratio of 4.34%.
- Family Dollar has operated at this location for approximately 25 years.
- There are several new housing developments in the immediate area including Perkinsville (±110 units) and Heritage Pointe (±75 units)(Source: CastleRock Communities).
- The Property has frontage and excellent visibility on State Route 89 (±25,050 VPD), the main throughfare in Chino Valley (Source: ADOT, 23).
- Chino Valley High School (±789 students), Heritage Middle School (±536 students), and Del Rio Elementary School (±479 students) are located within 6 minutes of the Property (Source: US News).
- Nearby national retailers include Safeway, Chase Bank, AutoZone, Circle K, McDonald's, Walgreens, and more.
DATA ROOM Click Here to Access
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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$9.99
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Lorem Ipsum
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Jan 0000
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 306-20-119A | Improvements Assessment | $1,132,599 |
| Land Assessment | $114,919 | Total Assessment | $1,247,518 |
