2024 build-to-suit construction for Family Dollar Tree
±9 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
The subject property comes with a 20-Year roof warranty
10-mile population of 18,536 residents
Average household income of $91,125 annually within a 10-mile radius
Traffic counts on Hwy 77 exceed 7,500 vehicles daily
Oracle is located 30 miles north of Tucson and 50 miles north of Saguaro National Park
Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
Family dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability
Investment Grade Credit Tenant – S&P Rated BBB
Photos
Location
Agents
Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews Real Estate Investment Services Inc.1600 W End Ave Nashville, TN