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Dollar Tree 706 W Main St 27,878 SF Retail Building Henryetta, OK 74437 $775,000 ($27.80/SF) 9.21% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Dollar Tree recently exercised their 2nd renewal option with no landlord concessions
  • Extremely healthy rent-to-sales ratio of 5.85% (based off 2024 sales figures)
  • Lease includes four (4) five-year renewal options all of which have a 10% increase
  • Extremely attractive 9.21% cap rate for a stabilized deal with investment grade credit
  • Corporate guarantee from Dollar Tree, Inc.
  • The property is located just off Highway 62 which has traffic count in excess ± 21,200 vehicles daily

EXECUTIVE SUMMARY

Kyle Matthews
License # 180759 (OK)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,878 SF
Building Class
C
Year Built
1930
Price
$775,000
Price Per SF
$27.80
Cap Rate
9.21%
NOI
$71,390
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.64 AC
Zoning
Okmulgee
Parking
26 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
226’ on W Main St

MAJOR TENANTS

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

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

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

NEARBY MAJOR RETAILERS

Anytime Fitness
Homeland
Shoney's
Taco Bueno

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2400-00-029-013-0-001-00
Land Assessment
$5,045
Improvements Assessment
$18,402
Total Assessment
$23,447
  • Listing ID: 37706474

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 706 W Main St, Henryetta, OK 74437

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