2820 Los Reales Rd Tucson, AZ 85746

This exceptional investment opportunity presents a fee-simple, single-tenant net-leased Family Dollar store in Tucson, Arizona. The property, built in 2013, boasts 8,320 square feet on a one-acre lot and features a 15-year lease (originally commencing April 1, 2014, and expiring March 31, 2029), with 4.5 years remaining. The lease includes four, five-year options with a 10% rent increase in each. The current asking price is $1,820,500, representing a compelling cap rate of 6.90% and a price per square foot of $218.81. The property generates a strong net operating income (NOI) of $125,620 annually. The tenant, Family Dollar, a subsidiary of Dollar Tree, Inc. (a Fortune 500 company), provides a corporate guarantee, mitigating risk. The property benefits from its location in a rapidly growing residential submarket, with proximity to major transportation arteries, educational institutions (Pima Community College), and entertainment venues (Casino Del Sol). The tenant recently exercised a lease option, demonstrating long-term commitment to the location. Landlord responsibilities are limited to structural repairs exceeding $1,000, making this a low-maintenance, passive investment. The property's "essential business" nature and strong demographics further enhance its investment appeal. The property's address is 2820 W Los Reales Rd, Tucson, AZ 85746, APN 238-25-609B.