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802 N 2nd St
Ajo, AZ 85321
Dollar General | 7.50 Yr. | 12% Rent Incr. · Retail Property For Sale
PROPERTY FACTS
ABOUT 802 N 2ND ST , AJO, AZ 85321
SRS is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a Dollar General property located in Ajo, Arizona. Built in 2005, the lease has approximately 7.5 years remaining in the current term with three (3) – five (5) year options at a 12% rental increase. In 2017, 4 years before the lease term was scheduled to expire, Dollar General extended the lease for an additional 5 years. The lease is guaranteed by Dollar General Corp (NYSE: DG) with an investment grade credit rating of BBB from Standard & Poor’s.
PROPERTY TAXES
| Parcel Number | 401-13-134A | Improvements Assessment | $1,063,905 |
| Land Assessment | $241,965 | Total Assessment | $1,305,870 |
PROPERTY TAXES
