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Family Dollar

36802 US-191, Sanders, AZ 86512

Listing Price: $1,141,900

Cap Rate
6.50%
Tenant Name
Family Dollar, Inc.
Years Remaining On Lease
6.4
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$124.39
Lease Type
Double Net
Rent Per Square Feet
$8.09

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Sanders is a census-designated place located in Apache County, Arizona, near the junction of U.S. Route 191 and Interstate 40. Spanning about 2.4 square miles, the town is home to an estimated 600 residents as of 2020. Sanders is surrounded by the Nahata Dziil and Houck chapters of the Navajo Nation. The community is served by the Sanders Unified School District, which operates an elementary school, a middle school, and a high school.

Investment Highlights

  • Six and a Half Years Remaining on Corporate-Guaranteed Lease with Family Dollar, Inc.
  • Five Percent Rental Increases in Each Five-Year Option Period
  • Located Immediately Off Interstate 40, a Major Connector with Direct Access to Flagstaff to the West and Albuquerque to the East
  • 15-Year Operating History - Tenant has Been at the Site Since 2007
  • Close Proximity to National Retail Tenants - Speedway, Dollar General, and Bashas'
  • Less than 30 Minutes from Petrified Forest National Park, Attracting Approximately 645,000 Visitors Each Year
  • Down the Road from a Silica Sand Plant, Generating Numerous Jobs in the Area
  • Adjacent to the Navajo Nation Reservation

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Discount

Family Dollar

Listing Price: $1,141,900

Cap Rate
6.50%
Tenant Name
Family Dollar, Inc.
Years Remaining On Lease
6.4
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$124.39
Lease Type
Double Net
Rent Per Square Feet
$8.09

Investment Highlights

  • Six and a Half Years Remaining on Corporate-Guaranteed Lease with Family Dollar, Inc.
  • Five Percent Rental Increases in Each Five-Year Option Period
  • Located Immediately Off Interstate 40, a Major Connector with Direct Access to Flagstaff to the West and Albuquerque to the East
  • 15-Year Operating History - Tenant has Been at the Site Since 2007
  • Close Proximity to National Retail Tenants - Speedway, Dollar General, and Bashas'
  • Less than 30 Minutes from Petrified Forest National Park, Attracting Approximately 645,000 Visitors Each Year
  • Down the Road from a Silica Sand Plant, Generating Numerous Jobs in the Area
  • Adjacent to the Navajo Nation Reservation

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Sanders is a census-designated place located in Apache County, Arizona, near the junction of U.S. Route 191 and Interstate 40. Spanning about 2.4 square miles, the town is home to an estimated 600 residents as of 2020. Sanders is surrounded by the Nahata Dziil and Houck chapters of the Navajo Nation. The community is served by the Sanders Unified School District, which operates an elementary school, a middle school, and a high school.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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