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Dollar General 98158 US Highway 59 10,640 SF Retail Building Sallisaw, OK 74955 $1,324,431 ($124.48/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Stability
- Corporate Guarantee
- Zero Landlord Responsibilities
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Dollar General located at 98158 US Hwy 59, Sallisaw, OK 74955. The site consists of roughly 10,640 rentable square feet of building space on an estimated 1.89-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 8/23/2022. The current annual rent is $86,088 and has scheduled increases of 10.00% at start of each option period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
B
Year Built
2022
Price
$1,324,431
Price Per SF
$124.48
Cap Rate
6.50%
NOI
$86,088
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.89 AC
Parking
33 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
158’ on U.S. 59
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0000-19-013-025-0-002-00 | Improvements Assessment | $112,253 |
| Land Assessment | $2,228 | Total Assessment | $114,481 |
PROPERTY TAXES
Parcel Number
0000-19-013-025-0-002-00
Land Assessment
$2,228
Improvements Assessment
$112,253
Total Assessment
$114,481
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Dollar General | 98158 US Highway 59
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