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Dollar General Plus 29 Main st 10,566 SF Retail Building Eagletown, OK 74734 $1,766,906 ($167.23/SF) 6.95% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN - Zero Landlord Obligations
- Strategic Location Near Broken Bow - 2M Tourists Annually
- New Long-Term Lease & Renewal Options
EXECUTIVE SUMMARY
Northmarq is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dollar General, located in the town of Eagletown, Oklahoma (the “Property”). The Property consists of a ± 10,566 SF building on ± 1.72 acres of land. Dollar General is operating under a brand new fifteen (15) year absolute NNN lease featuring five (5), five (5) year renewal options with 5% rental increases during the primary term and in each option.
The Property is located in the southeastern corner of Oklahoma, approximately 10 miles east of downtown Broken Bow, a gateway to the picturesque Beavers Bend Resort Park. Broken Bow is a vibrant tourist destination for hikers and nature lovers and offers a wide variety of water sports and other outdoor activities.
Dollar General is the largest dollar store chain in the United States and operates more than 20,000 stores in 47 states. For fiscal 2024, the company reported net sales of $40.6 billion and plans to open another 575 stores in 2025.
The Property is located in the southeastern corner of Oklahoma, approximately 10 miles east of downtown Broken Bow, a gateway to the picturesque Beavers Bend Resort Park. Broken Bow is a vibrant tourist destination for hikers and nature lovers and offers a wide variety of water sports and other outdoor activities.
Dollar General is the largest dollar store chain in the United States and operates more than 20,000 stores in 47 states. For fiscal 2024, the company reported net sales of $40.6 billion and plans to open another 575 stores in 2025.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Building Class
B
Year Built
2024
Price
$1,766,906
Price Per SF
$167.23
Cap Rate
6.95%
NOI
$122,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.72 AC
Opportunity Zone
Yes
Zoning
NP
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0000-09-06S-26E-4-013-00 | Improvements Assessment | $0 |
| Land Assessment | $224 | Total Assessment | $224 |
PROPERTY TAXES
Parcel Number
0000-09-06S-26E-4-013-00
Land Assessment
$224
Improvements Assessment
$0
Total Assessment
$224
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Dollar General Plus | 29 Main st
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