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Family Dollar 34150 S Old Black Canyon Hwy 9,180 SF Retail Building Black Canyon City, AZ 85324 $1,252,161 CAD ($136.40 CAD/SF) 8.17% Cap Rate
Investment Highlights
- Five Year Lease Term through December 31, 2030 with 4, 5-Year Options Remaining
- Minimal Landlord Responsibilities
- 4.47 Acre Site
- Freestanding retail
Executive Summary
NNN with Minimal Landlord Responsibilities. Lease Expires December 31, 2030 with 4, 5-Year options remaining with 10% increase each option. Tenant exercised 5-year option commencing December 31, 2025.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built/Renovated
2005/2020
Price
$1,252,161 CAD
Price Per SF
$136.40 CAD
Cap Rate
8.17%
NOI
$102,260 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
4.47 AC
Zoning
C2-1 - Commercial
Frontage
219’ on Old Black Canyon Highway
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 501-15-005B | Improvements Assessment | $1,462,292 CAD |
| Land Assessment | $236,697 CAD | Total Assessment | $1,698,989 CAD |
Property Taxes
Parcel Number
501-15-005B
Land Assessment
$236,697 CAD
Improvements Assessment
$1,462,292 CAD
Total Assessment
$1,698,989 CAD
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Family Dollar | 34150 S Old Black Canyon Hwy
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