Cap Rate
9.5%
$ per SF
$114
4155 S Highway 92, Sierra Vista, AZ, 85650
Family Dollar$894,695
Key Information
Tot. SF
7,818
Lot Size
1.16 Acres
Year Built
2003
Term Remaining
±3 YRS
Type
Retail
NOI
$84,996
Highlights
- Absolute NNN Lease: The lease provides for passive income with no landlord expenses or management responsibility. The property is leased to Family Dollar, a nationally recognized discount retailer operating thousands of locations across the United States.
- Strategic Retail Location: Positioned along S Hwy 92, a primary retail corridor in Sierra Vista, the property benefits from strong visibility, convenient access, and proximity to surrounding residential neighborhoods that drive consistent daily traffic.
- Established Store History: Originally built in 2003, this established Family Dollar location has served the surrounding community for over two decades, demonstrating the site’s long-term viability and customer demand. Family Dollar has extended the lease three times, demonstrating commitment to the location.
- Strong Rental Increases: The lease features a significant rental increase of 13.21% if the tenant exercises the next renewal option, providing investors with meaningful income growth and an attractive hedge against inflation.
Photos
Location
Agents
Broker of Record
David Harrington
License # CO701910000, BR715518000 (AZ)Matthews Real Estate Investment Services, LLC 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251