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Dollar General 11378 E Hwy 3 9,026 SF Retail Building Lane, OK 74555 $1,438,189 ($159.34/SF) 5.30% Cap Rate
INVESTMENT HIGHLIGHTS
- CORPORATE GUARANTY: LEASE IS GUARANTEED BY DOLLAR GENERAL CORPORATION (NYSE: DG)
- NEWER CONSTRUCTION: 2017 Build-to-Suit for Dollar General
- MINIMAL DOLLAR STORE COMPETITION: Closest national Dollar Store chain is over 10 miles from subject property
- COVID-19 PROOF INVESTMENT: Since the beginning of the pandemic, Dollar General Corporation has experienced a 21.5% net sales increase
- ABSOLUTE NNN LEASE: Virtually no Landlord Responsibilities
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2017
Price
$1,438,189
Price Per SF
$159.34
Cap Rate
5.30%
NOI
$76,224
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
C-1
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dollar General
- Retailer
- 9,026 SF
- -
- May 2032
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dollar General | Retailer | 9,026 SF | - | May 2032 |
PROPERTY TAXES
| Parcel Number | 0000-13-03S-12E-1-023-00 | Improvements Assessment | $118,987 |
| Land Assessment | $5,073 | Total Assessment | $124,060 |
PROPERTY TAXES
Parcel Number
0000-13-03S-12E-1-023-00
Land Assessment
$5,073
Improvements Assessment
$118,987
Total Assessment
$124,060
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Dollar General | 11378 E Hwy 3
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