Phoenix, AZ 85014

Dollar Tree

Property Address

1240 East Indian School Road, Phoenix, AZ, USA

Offering Summary

  • Price: $4,653,500
  • Lot Size: 2.01 Acres
  • Cap Rate: 5.50%
  • Year Built: 2002
  • Building SF: 15,313
  • Status: Available
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  • 11 Years Remaining on Absolute Triple-Net (NNN) Lease with Dollar Tree
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options - Next Rent Increase Occurs on February 1, 2028
  • Longstanding 99 Cent Only Store Recently Underwent Conversion to Dollar Tree in 2024
  • 403,307 Residents within 5 Miles - Rare Infill Near Downtown Phoenix
  • Growing Trade Area - Households and Population Projected to Increase 5-7% Over the Next 5 Years
  • Excellent Frontage Along Indian School Road, a Major Thoroughfare in the Phoenix Area - 73,000+ Combined Cars/Day at the Corner of East Indian School Road and North 12th Street

Broker Information