1702 N Lynn Riggs Blvd
Claremore, OK 74017
Dollar General · Retail Property For Sale

Capital Pacific is pleased to present the opportunity to acquire an absolute NNN Dollar General in Claremore, Oklahoma, a suburb in the Tulsa MSA. The subject property is a new construction store that features a corporate guaranty from Dollar General, which ranked #123 on the 2018 Fortune 500 list of top companies by revenue. The absolute NNN lease provides for zero Landlord expense obligations. The property is well located along historic Route 66 and enjoys excellent visibility and ingress/egress from the street. Additionally, the property is adjacent to a large Baker Hughes (G.E.) office park, as well as Claremore Community and Senior High School. Claremore is 30 miles northeast of Tulsa, Oklahoma, and easily accessible from Interstate 44 and Route 66. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.