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Family Dollar 815 NW 12th St 8,320 SF Retail Building Moore, OK 73160 $1,215,000 ($146.03/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Built in 2020
- High Traffic Counts
- High Cap Rate of 7%
- Corporate Lease Guarantee
- Tenant responsible for CAM, Taxes, and Insurance
EXECUTIVE SUMMARY
This Family Dollar was built in 2020 and makes up 8,320 SF. Listed as a NNN investment sale, the lease term runs through 3/31/2029. Family Dollar has six renewal options with five year terms per renewal. Each option consists of rental increases. The location itself is densely populated and boasts traffic counts of over 32,500 VPD.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2020
Price
$1,215,000
Price Per SF
$146.03
Cap Rate
7%
NOI
$85,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.64 AC
Zoning
C-3
Parking
25 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
80’ on 12th St
AMENITIES
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $117,202 | |
| Land Assessment | $37,086 | Total Assessment | $154,288 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,086
Improvements Assessment
$117,202
Total Assessment
$154,288
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Family Dollar | 815 NW 12th St
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