Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Dollar General - Jennings, OK 241 N Main St 9,100 SF Retail Building Jennings, OK 74038 $1,122,257 ($123.32/SF) 7% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2019 Construction | Absolute NNN Lease
  • Proximity to Hallett Motor Racing Circuit
  • Strategic Jennings, OK Location
  • Investment-Grade National Tenant

EXECUTIVE SUMMARY

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a 2019 construction, absolute NNN leased Dollar General in Jennings, OK ("the property"). The original 15-year lease has just under 10 years remaining and boasts rental increases of 10% in each of the five (5), five-year option periods.
The property presents a compelling investment opportunity as the only discount retailer serving the immediate area. Positioned on the town’s main thoroughfare, the store captures steady daily traffic and fulfills an essential retail need for the local community. The property is strategically located approximately 35 miles west of Tulsa, providing convenient access to one of Oklahoma’s largest metropolitan areas. Its proximity to Keystone Lake, just 20 minutes away, enhances its regional appeal by attracting consistent recreational traffic from visitors seeking outdoor leisure and lake activities.
The property is situated only five minutes from Hallett Motor Racing Circuit (HMRC), a historic and technical road-racing venue in the Osage Hills. HMRC draws more than 100,000 visitors annually between February and November, with roughly 90% of attendees traveling from outside the area. The circuit serves as a regional hub for motorsports, hosting events from organizations such as SCCA, NASA, COMMA, BMWCCA, Porsche Club, CMRA, and vintage racing groups, bringing in thousands of drivers, crews, and spectators each season.
Dollar General Corporation (NYSE: DG) is a leading U.S. neighborhood retailer with 20,582 stores across multiple formats, including Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General in Mexico. In Q2 2025, the company reported $10.7 billion in net sales, up 5.1% year-over-year, with same-store sales rising 2.8% on stronger traffic and larger transactions. Operating profit grew 8.3% to $595.4 million, reflecting growth across consumables, seasonal items, home goods, and apparel.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2019
Price
$1,122,257
Price Per SF
$123.32
Cap Rate
7%
NOI
$78,558
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
Zoning
C-2
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
96’ on Main Street

AMENITIES

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3001-00-015-004-0-001-00
Land Assessment
$941
Improvements Assessment
$49,767
Total Assessment
$50,708
  • Listing ID: 37691540

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 241 N Main St, Jennings, OK 74038

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}