Family Dollar NNN
For Sale
Contact for pricing
1255 S Eastern Drive, Cornville, AZ 86325
Family Dollar occupies the retail property under an NN+ lease with limited landlord responsibilities.
Property SizeContact for details
Days on Market145
Property Features for 1255 S Eastern Drive
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
9,240 vehicles/day
Building Details
Year Built
2008
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property includes ownership of both the land and building and is occupied by Family Dollar. Constructed in 2008, it is subject to an NN+ lease with approximately 4.25 years remaining in the current term, along with four five-year renewal options. Family Dollar has exercised the first option, adding a five-year term with a 10% rent increase.
Landlord obligations are primarily limited to the roof and parking lot. Family Dollar handles HVAC repair and replacement, while asphalt and concrete parking-lot repairs remain its responsibility until aggregate annual costs reach $1,000.00. The lease is guaranteed by Dollar Tree, Inc., which carries a BBB- Standard & Poor’s credit rating.
The property is located at 1255 S. Eastern Drive along County Road 30, also known as E Cornville Road. Traffic exceeds 9,240 vehicles per day, and the site is positioned within a trade area serving Cornville, Cottonwood, and Sedona.
Landlord obligations are primarily limited to the roof and parking lot. Family Dollar handles HVAC repair and replacement, while asphalt and concrete parking-lot repairs remain its responsibility until aggregate annual costs reach $1,000.00. The lease is guaranteed by Dollar Tree, Inc., which carries a BBB- Standard & Poor’s credit rating.
The property is located at 1255 S. Eastern Drive along County Road 30, also known as E Cornville Road. Traffic exceeds 9,240 vehicles per day, and the site is positioned within a trade area serving Cornville, Cottonwood, and Sedona.
Key Highlights
- Family Dollar property with fee simple ownership of the land and building
- Built in 2008 with approximately 4.25 years remaining in the current lease term
- Four (4) – five (5) year renewal options; first option exercised for an additional 5‑year term
Property Analytics
Current Use
Lease Details
9,240 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
2,231 visits/mo
0.1 miles
Demographics for 86325, AZ
5,472
Population
2,914
Households
1.9
Avg Household Size
60
Median Age
35%
College-Educated
94%
High-School Grad
61.4 sq mi
ZIP Area
89
Density / Sq Mi
$75,078
Median Household Income
$41,167
Median Earnings
$1,540
Median Rent
$409,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Family Dollar occupies the retail property under an NN+ lease with limited landlord responsibilities.
Where is this nnn property located?
The property is located at 1255 S Eastern Drive Cornville, AZ.
What are key features of this property?
This property features: Family Dollar property with fee simple ownership of the land and building; Built in 2008 with approximately 4.25 years remaining in the current lease term; Four (4) – five (5) year renewal options; first option exercised for an additional 5‑year term
