Listed by National NNN
$919,000
302 Alden Road
Details
Property Type Retail
Sub Type Grocery Store
Square Footage 8,000
Cap Rate 8.75%
NOI $80,437
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Lease Expiration 12/31/2028
Remaining Term 3
Lease Options Three, 5-Year Options with Increases
Price per SqFt $115
Broker Co-Op Yes
Year Built 2004
Acreage 0.760
Tenant Credit Corporate Guarantee
Lease Commencement 08/04/2004
Retail | 8.75% CAP | 8,000 SqFt
Marketing description
Family Dollar is located at the corner of AZ State Route 177 and Upton Road in Kearny, AZ. Kearny is approximately 91 miles southeast of Phoenix. This site is one of the top three Family Dollar stores in the district.
Investment highlights
Lot Size 33,145 SF / .76 Acres
Renewal Options Three, 5-Year Options with Increases
Rent Increases 10% Beginning of Each Option
Listing Contacts
Listed by National NNN
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,437.08
$6,703.09/mo
Valuation Metrics
0
DSCR
8.75%
Cap Rate
8.75%
ROI
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