1016 S. KOFA AVENUE, PARKER, ARIZONA SINGLE TENANT INVESTMENT OPPORTUNITY ACTUAL SITE EXCLUSIVELY MARKETED BY JOE SCHUCHERT FIRST VICE PRESIDENT 610 Newport Center Drive, Suite 1500 Newport Beach, CA 92660 M: 310.971.3116
[email protected] | CA License No. 01973172 JIM SCHUCHERT FIRST VICE PRESIDENT 610 Newport Center Drive, Suite 1500 Newport Beach, CA 92660 M: 310.971.3892
[email protected] | CA License No. 01969414 ED BEEH EVP & MARKET LEADER 3131 E. Camelback Road, Suite 110 Phoenix, AZ 85016
[email protected] | AZ License No. BR032807000 2 REPRESENTATIVE PHOTO / ACTUAL SITE SRS REAL ESTATE PARTNERS-WEST, LLC CONTENTS 4 7 INVESTMENT SUMMARY PROPERTY OVERVIEW OFFERING SUMMARY | INVESTMENT HIGHLIGHTS AERIALS | SITE PLAN | LOCATION MAP 17 19 AREA OVERVIEW FINANCIALS DEMOGRAPHICS RENT ROLL | BRAND PROFILE 3 ACTUAL SITE SRS REAL ESTATE PARTNERS-WEST, LLC INVESTMENT SUMMARY SRS is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a Family Dollar property located in Parker, Arizona. In 2003, the building was remodeled for Family Dollar and in September 2018 Family Dollar extended the lease for an additional 10 years through December 31, 2028. The lease has three (3) – five (5) year options at 10% rental increases. The NN+ lease has minimal landlord responsibilities that are limited to structure & roof repairs in excess of $2,000 in any lease year. Family Dollar is responsible for the parking lot and HVAC Units. In addition Family Dollar is responsible for roof repairs until the aggregate costs equal $2,000 in any lease year. The lease is guaranteed by Dollar Tree, Inc.