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60 N Albany Way
Stanfield, AZ 85272
Family Dollar · Retail Property For Sale
PROPERTY FACTS
About 60 N Albany Way , Stanfield, AZ 85272
The offering provides an opportunity to acquire a brand new construction Family Dollar located in Stanfield, Arizona. The lease features a new 10-year term with six 5-year options to extend and 5% rental increases in the option terms. The subject property is ideally located along State Route 84, a 23-mile east-west highway in south-central Arizona with 3,679 VPD. Family Dollar is situated 20 minutes away from downtown Casa Grande, the largest city in Pinal County. Located within 1.2 miles from the subject property, Stanfield Elementary School has an enrollment of approximately 526 students. Stanfield, AZ is a community in Pinal County with an estimated population of 1,961 residents. It is located 50 miles south of Phoenix, Arizona, and falls within the Phoenix-Mesa-Scottsdale metropolitan area (see more on page 11). Within ten miles of Stanfield, there are 7,911 residents with average household incomes exceeding $52,000. Family Dollar was acquired by Dollar Tree, Inc. in 2015. The acquisition price for Family Dollar was $9 billion in cash and Dollar Tree stock. The combined Dollar Tree-Family Dollar entity is now the largest discounter in North America with over 15,200 stores in 48 states and Canada, with plans for more than 1,000 Family Dollar H2 renovations for fiscal 2020. Both brands continue to operate separately.
PROPERTY TAXES
Parcel Number | 503-13-039 | Improvements Assessment | $906,020 |
Land Assessment | $71,147 | Total Assessment | $977,167 |
PROPERTY TAXES
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Listing ID: 18105108
Date on Market: 1/7/2020
Last Updated:
Address: 60 N Albany Way, Stanfield, AZ 85272