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Dollar Tree Family Dollar 120 E Main St 10,500 SF 100% Leased Retail Building Canton, OK 73724 $1,312,000 ($124.95/SF) 8.15% Cap Rate

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Investment Highlights

  • 8+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • Hwy 58 (3,500 VPD) | Retail Corridor |Strong National/Credit Tenant Presence
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

• The tenant has over 8 years remaining on its 10-year lease, with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features flat rent in the initial term and $0.50 PSF increases at the beginning of each option period, steadily growing NOI and hedging against inflation

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$1,312,000
Price Per SF
$124.95
Cap Rate
8.15%
NOI
$106,890
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.00 AC
Zoning
Commercial
Parking
47 Spaces (4.48 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000
  • Listing ID: 37453872

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 120 E Main St, Canton, OK 73724

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