709 E Monroe Ave | Buckeye, AZ 85326
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- LoopNet Team
709 E Monroe Ave
Buckeye, AZ 85326
7% Cap | 5 Yr - NN+ | Strong Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2002 Construction Build-to-Suit Family Dollar | Three (3) - Five (5) Year Option Periods | Tenant Has Been Operating at this Location Since 2002
- Landlord Responsibilities Include: Roof, Parking Lot, Structure, Exterior Portions of the Building
- Tenant Reports Store Sales Annually ($1.8 M) | Store Sales Have Increased Every Year Since 2014 | Rent to Sales Ratio of Less Than 5%
- Approximately 5 Years Remaining in the Current Lease Term (Lease Exp: 06/30/2028) | Recent Lease Extension
- Tenant Pays Property Taxes Directly | Tenant Reimburses Landlord in Full for Property Insurance | Tenant Responsible for Repair/Replacement of HVAC
- 5-Mile Demographics: 40,741 Residents, 1.96% Annual Population Growth, $92,129 Average Household Income
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.92 AC
Zoning
C-C
Parking
34 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
91’ on Monroe Ave
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 400-25-092 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $136,745 |
PROPERTY TAXES
Parcel Number
400-25-092
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$136,745
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