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Family Dollar 503 W 3rd St 10,695 SF Retail Building Konawa, OK 74849 $1,426,765 ($133.40/SF) 8.50% Cap Rate
Investment Highlights
- 2023 build to suit Family Dollar
- Corporately guaranteed lease
- The subject property comes with a 20-year roof warranty
- ±8.15 years remaining on an initial 10-year lease
- Rent increases of $5,250 ($0.50/SF) in all five, 5-year options
Executive Summary
BROKER OF RECORD
KYLE MATTHEWS
LIC # 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
KYLE MATTHEWS
LIC # 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,695 SF
Building Class
B
Year Built
2023
Price
$1,426,765
Price Per SF
$133.40
Cap Rate
8.50%
NOI
$121,275
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.43 AC
Frontage
189’ on West 3rd Street
Property Taxes
| Parcel Numbers | Improvements Assessment | $181,404 | |
| Land Assessment | $768 | Total Assessment | $182,172 |
Property Taxes
Parcel Numbers
Land Assessment
$768
Improvements Assessment
$181,404
Total Assessment
$182,172
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Family Dollar | 503 W 3rd St
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