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Dollar General 100 Highway 9 E 9,000 SF Retail Building Eufaula, OK 74432 $528,000 ($58.67/SF) 9% Cap Rate
Investment Highlights
- Six 5-year options remaining, each including 10% increases
- Situated on Lake Eufaula (Oklahoma’s largest lake and Eufaula’s top tourist attraction)
- Extremely strong corporately guaranteed lease
- Located directly off Highway 9, the main thoroughfare of Eufaula
- Average household income of $52,714, considered to be the “sweet spot” for Dollar General
- Dollar General holds an investment-grade credit rating of BBB (S&P)
Executive Summary
Broker of Record
Kyle Matthews
License # 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Year Built
1995
Price
$528,000
Price Per SF
$58.67
Cap Rate
9%
NOI
$47,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.29 AC
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | 0000-11-09N-16E-2-007-00 | Improvements Assessment | $18,278 |
| Land Assessment | $2,253 | Total Assessment | $20,531 |
Property Taxes
Parcel Number
0000-11-09N-16E-2-007-00
Land Assessment
$2,253
Improvements Assessment
$18,278
Total Assessment
$20,531
(214) 347-7988
x4188
Contacts
-
Wyatt Wagner -
Scotty Latimer -
Josh Bishop -
Matthews Real Estate Investment Services
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Dollar General | 100 Highway 9 E
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