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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
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
• 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
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 began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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Dollar Tree Family Dollar | 120 E Main St
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