| Purchase Price | $1,350,000 |
|---|---|
| Annual Rental Income | $121,500 |
| Cap Rate | 9% |
| Lease Term | 6 Years |
| City | Globe |
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Family Dollar – Globe, AZ
This Family Dollar property located in Globe, Arizona is secured by a long-term net lease with one of the nation’s most established value-focused retailers. The asset offers passive income, minimal landlord obligations, and long-term security backed by a necessity-based national tenant operating in a stable, demand-driven market.
Tenant Overview
Family Dollar, a subsidiary of Dollar Tree Inc., operates more than 8,000 stores across the United States. The brand is known for providing essential products at affordable prices, including groceries, cleaning supplies, health and beauty items, baby products, seasonal goods, school supplies, apparel basics, toys, and pet items. With a core focus on convenience and low pricing, Family Dollar is a vital retail resource for working-class communities.
Lease Structure
The property is subject to a long-term net lease, typically structured as double-net (NN) or triple-net (NNN), in which the tenant is responsible for property taxes, insurance, and potentially maintenance. This creates a reliable, management-light investment opportunity with predictable cash flow—ideal for passive real estate investors.
Globe Market Overview
Globe is the county seat of Gila County in central Arizona and functions as the primary commercial and governmental center for the surrounding rural region. With a population of approximately 7,000 residents and a broader trade area that includes several small towns and Native American communities, Globe supports steady retail demand. The local economy is supported by mining, tourism, education, healthcare, and public services.
Demographics & Retail Demand
The Globe area is characterized by modest household incomes and a population that includes families, retirees, blue-collar workers, and public-sector employees. Median household income falls below the national average, which increases reliance on affordable retail formats. Family Dollar’s merchandise and pricing are well suited to the local consumer base, driving consistent foot traffic and repeat visits.
Community Role & Foot Traffic
Family Dollar plays a critical role in providing affordable, everyday goods to Globe residents. The store attracts steady consumer traffic due to its convenient size, accessible location, and broad range of essentials. Shoppers regularly depend on Family Dollar for budget-conscious purchases, making it a resilient performer in both strong and challenging economic periods.
Tenant Strength & Investment Security
Family Dollar offers long-term reliability as a corporate-backed tenant with a proven operating model. The brand has demonstrated strong performance in rural and underserved markets across the U.S., and its essential retail focus supports lease stability across various economic cycles. Investors benefit from the security of a dependable income stream with minimal involvement.
Investment Highlights