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FAMILY DOLLAR – PERRY, OK 607 Fir St 10,500 SF Retail Building Perry, OK 73077 $1,494,000 ($142.29/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 8 Years Remaining on initial 10-Year NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options
  • Latest Dual Branded Format Store Offering Both Family Dollar/Dollar Tree Merchandise Under One Roof! Opened in 2022
  • Total Population: 129,276 | Average Household Income: $89,825
  • In July 2015, Dollar Tree (NASDAQ: DLTR | S&P Credit Rating BBB | Moody’s Baa2 Rating | Fortune 200 Company) completed the acquisition of Family Dol
  • Well-positioned just off a signalized, hard corner (US 77 & US 64) with great visibility/access on Fir St with traffic counts of 4,960 CPD!

EXECUTIVE SUMMARY

(Building & Land) Fee Simple
In Association with Designated Broker:
Brian Brockman – Broker
License #: 177814
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Year Built
2022
Price
$1,494,000
Price Per SF
$142.29
Cap Rate
8%
NOI
$119,490
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.75 AC
Zoning
C
Frontage
100’ on Fir Street

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Homeland
The YMCA
Boomarang Diner

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1220-00-064-025-0-001-00
Land Assessment
$13,455
Improvements Assessment
$145,428
Total Assessment
$158,883
  • Listing ID: 38265514

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 607 Fir St, Perry, OK 73077

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