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Family Dollar - Brick Construction - PHX MSA

12101 W Thunderbird Rd, El Mirage, AZ 85335

Listing Price: $2,289,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.9
Gross SF
8,271
Guarantor
Corporate Guarantee
Rentable SF
8,271
Price/Gross SF
$276.75
Lease Type
Absolute Net
Rent Per Square Feet
$20.75

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.

El Mirage is considered the gateway to the Northwest Valley of the Greater Phoenix Metro Area. Over the years, El Mirage has grown from a small agriculture town to a diverse urban economy with a population of more than 35,000. The city is located roughly 10 miles northwest of downtown Phoenix and is in immediate proximity to Luke Air Force Base, the largest fighter pilot training facility in the world.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Corporate Family Dollar Guaranty - Brick Construction
  • Multiple Renewal Options with Rent Increases Occurring Every Three Years
  • Densely-Populated Trade Area in the Phoenix MSA - 245,799 Residents within Five Miles
  • Strategically Located in the Rapidly Growing Northwest Phoenix Corridor Between Sun City, Surprise, and Peoria
  • Highly Visible Location Along Thunderbird Road, Immediately Off U.S. Highway 60 - Accessible by Nearly 83,000 Cars per Day
  • Strong Consumer Traffic with More Than 152,000 Annual Visits in 2025 (per Placer.ai)
  • Connected to Loop 101 and Loop 303, Two of the Area's Busiest Regional Highways, via U.S. Highway 60

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Discount

Family Dollar - Brick Construction - PHX MSA

Listing Price: $2,289,000

Cap Rate
7.50%
Tenant Name
Family Dollar
Years Remaining On Lease
2.9
Gross SF
8,271
Guarantor
Corporate Guarantee
Rentable SF
8,271
Price/Gross SF
$276.75
Lease Type
Absolute Net
Rent Per Square Feet
$20.75

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Corporate Family Dollar Guaranty - Brick Construction
  • Multiple Renewal Options with Rent Increases Occurring Every Three Years
  • Densely-Populated Trade Area in the Phoenix MSA - 245,799 Residents within Five Miles
  • Strategically Located in the Rapidly Growing Northwest Phoenix Corridor Between Sun City, Surprise, and Peoria
  • Highly Visible Location Along Thunderbird Road, Immediately Off U.S. Highway 60 - Accessible by Nearly 83,000 Cars per Day
  • Strong Consumer Traffic with More Than 152,000 Annual Visits in 2025 (per Placer.ai)
  • Connected to Loop 101 and Loop 303, Two of the Area's Busiest Regional Highways, via U.S. Highway 60

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. El Mirage is considered the gateway to the Northwest Valley of the Greater Phoenix Metro Area. Over the years, El Mirage has grown from a small agriculture town to a diverse urban economy with a population of more than 35,000. The city is located roughly 10 miles northwest of downtown Phoenix and is in immediate proximity to Luke Air Force Base, the largest fighter pilot training facility in the world.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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