Dollar General NNN Retail
For Sale
Contact for pricing
Pending
520 N 35th Avenue, Phoenix, AZ 85009
New-construction urban-format store leased under an absolute NNN structure with corporate-backed occupancy.
Property SizeContact for details
Days on Market144
Property Features for 520 N 35th Avenue
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
29,348 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
JDS Real Estate Services, Inc.
(213) 446-5366
Listed By:
Jennifer D. Stein · License #OK LIC: 202306
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 4:17PM
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 JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This Dollar General property is a new-construction urban prototype store at 520 N 35th Avenue in Phoenix, Arizona. The format includes beer and wine, a “Grab & Go” section with snacks, beverages, and fresh foods, and a smaller footprint than the retailer’s rural locations. The store was scheduled to open for business on 10/15/2018.
The absolute NNN lease provides a 15-year initial term, a corporate guaranty, three 5-year extension options, and rental increases at the beginning of each option period. The property is situated just off Van Buren Street, which records traffic counts of 29,348 vehicles per day, with access to Interstate 10 and its traffic volume in excess of 253,500 vehicles per day. More than 383,000 people live within a 5-mile radius. Dollar General carries an S&P rating of BBB and operates over 14,609 stores in 44 states.
The absolute NNN lease provides a 15-year initial term, a corporate guaranty, three 5-year extension options, and rental increases at the beginning of each option period. The property is situated just off Van Buren Street, which records traffic counts of 29,348 vehicles per day, with access to Interstate 10 and its traffic volume in excess of 253,500 vehicles per day. More than 383,000 people live within a 5-mile radius. Dollar General carries an S&P rating of BBB and operates over 14,609 stores in 44 states.
Key Highlights
- Absolute NNN lease with 15‑year initial term and corporate guaranty
- Three 5‑year extension options with rental increases at each option period
- New‑construction urban prototype scheduled to open on 10/15/2018
Property Analytics
Property Profile
Current Use
Lease Details
29,348 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 85009, AZ
50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction urban-format store leased under an absolute NNN structure with corporate-backed occupancy.
Where is this nnn property located?
The property is located at 520 N 35th Avenue Phoenix, AZ.
What are key features of this property?
This property features: Absolute NNN lease with 15‑year initial term and corporate guaranty; Three 5‑year extension options with rental increases at each option period; New‑construction urban prototype scheduled to open on 10/15/2018
