1300 N San Antonio Ave
Douglas, AZ 85607

Food City | STNL Grocer | Extremely Strong Sales Faris Lee Investments is pleased to offer for sale the fee simple interest (land & building) in a freestanding, single tenant, NNN leased, Food City, located in Douglas, AZ. The tenant, Food City, has approximately 5 years remaining in the current term with 2 (5-year) options to extend. The tenant recently renovated this site at their own expense. Also, the store features a very strong rent-to-sales ratio (contact listing Agents for more information). The lease features rental increases of approximately 8% at the beginning of each option period, which generates steady NOI growth and hedges against inflation. Food City is a subsidiary of Bashas' , Inc. Bashas' , is a privately held family-owned grocery chain. Bashas' offers natural and organic food, pharmacy programs, lab screenings, made-from-scratch bakery items, fresh produce, and entrees. The Bashas' Family of Stores includes; Bashas' , Bashas' Dine Market, AJ' s Fine Foods and Food City. Bashas' , Inc. has approximately 130 stores serving the state' s 15 counties under the Bashas' name. The subject property is ideally located along San Antonio Avenue and near the signalized, hard corner intersection of San Antonio Avenue & 11th Street. The subject property is located close to the border crossing town of Agua Prieta, Mexico and in close proximity to Douglas Municipal Airport.