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15 E Pat Dr, Fredonia, AZ, 86022

Dollar General
Closed

Key Information

Tot. SF
10,542
Year Built
2025
Term Remaining
±15 YRS
Type
Retail

Highlights

 

  • Brand new 2025 build-to-suit construction for Dollar General
  • Corner entry prototype construction (the most ideal in the event of a redevelopment)
  • 5% rental escalations every 5-years for the life of the lease (base term + options)
  • 15-Year absolute NNN lease with zero management responsibilities
  • Larger 10,542 SF Dollar General PLUS concept (typical prototype is 9,100 SF)
  • Corporate guaranty from Dollar General Corporation (NYSE: DG)
  • Strong local demographics with an average household income of $91,574 annually (considered DG’s “sweet-spot”)
  • Fredonia is located at the northern Arizona border, roughly 75-miles East of St. George, Utah
  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future

Photos

Location

Agents

Broker of Record

David Harrington

License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251