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Dollar General 11378 E Hwy 3 9,026 SF Retail Building Lane, OK 74555 $1,951,622 CAD ($216.22 CAD/SF) 5.30% Cap Rate
Investment Highlights
- CORPORATE GUARANTY: LEASE IS GUARANTEED BY DOLLAR GENERAL CORPORATION (NYSE: DG)
- NEWER CONSTRUCTION: 2017 Build-to-Suit for Dollar General
- MINIMAL DOLLAR STORE COMPETITION: Closest national Dollar Store chain is over 10 miles from subject property
- COVID-19 PROOF INVESTMENT: Since the beginning of the pandemic, Dollar General Corporation has experienced a 21.5% net sales increase
- ABSOLUTE NNN LEASE: Virtually no Landlord Responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2017
Price
$1,951,622 CAD
Price Per SF
$216.22 CAD
Cap Rate
5.30%
NOI
$103,436 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
C-1
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dollar General
- Retailer
- 9,026 SF
- -
- May 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dollar General | Retailer | 9,026 SF | - | May 2032 |
Property Taxes
| Parcel Number | 0000-13-03S-12E-1-023-00 | Improvements Assessment | $171,141 CAD |
| Land Assessment | $6,935 CAD | Total Assessment | $178,076 CAD |
Property Taxes
Parcel Number
0000-13-03S-12E-1-023-00
Land Assessment
$6,935 CAD
Improvements Assessment
$171,141 CAD
Total Assessment
$178,076 CAD
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Dollar General | 11378 E Hwy 3
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