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Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar located at Sec Rex Allen Drive & North Arizona Avenue in Willcox Arizona. The property consists of 9,180 square feet of building space and sits on 0.8 acres of land. This Family Dollar was a recently constructed built-to- suit that will be completed in August of 2015. The property is subject to a 15-Year triple net (NNN) lease. The base rent is $85,843 with ten percent rental increases every five years starting October 1,2024. The increases will continue through the six, five-year tenant renewal options. The tenant is Family Dollar Incorporated, a North Carolina Company and the lease has a Family Dollar Corporate guarantee.
Dunlap Plaza is a local shopping center at the dominant intersection in Willcox, Arizona anchored by Willcox ACE Hardware and servicing the regional hospital across the street from the property as well as the surrounding residential area.