Dollar General - Tulsa, OK 5602 N Lewis Ave 10,542 SF Retail Building Tulsa, OK 74130 $2,267,000 ($215.04/SF) 6.55% Cap Rate

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a brand-new construction, Absolute NNN leased Dollar General in Tulsa, OK ("the property"). The new 15-year lease boasts rental increases of 5% every 5 years and in each of the five, 5-year option periods.
The property is strategically positioned on the hard corner of N Lewis Ave (5,264 VPD) and E 56th St N (4,641 VPD), offering exceptional visibility and accessibility at a signalized intersection. Located just two minutes from Highway 75 (Cherokee Expressway), a major north–south thoroughfare, the site provides seamless connectivity to key destinations across the Tulsa metro. The area is surrounded by strong residential density, with nearly 60,000 residents and over 22,000 housing units within a five-mile radius. The property also benefits from close proximity to several major demand drivers, including McLain High School of Science and Technology (726 students, 4 minutes), Tulsa Community College – NE Campus (1,232 students, 9 minutes), and Tulsa International Airport (11 minutes). In addition, it sits within minutes of popular attractions such as the Tulsa Zoo (12 minutes) and Downtown Tulsa (12 minutes). This concentration of educational, transportation, and cultural destinations not only drives steady traffic in the area but also supports a vibrant local economy, making the site well-positioned for long-term tenant success.
Tulsa, Oklahoma continues to experience robust economic growth, driven by a diverse mix of industries including aerospace, energy, healthcare, technology, and finance. With one of the most affordable costs of living in the nation, the city has attracted a steady inflow of businesses, talent, and investment capital. Tulsa’s metro population now exceeds one million and continues to expand, supported by pro-business policies, infrastructure investment, and strong demand for both residential and commercial real estate. This growth trajectory positions Tulsa as a premier market for long-term investment stability and upside potential.
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.