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Dollar General 7200 OK-22 Hwy 10,640 SF 100% Leased Retail Building Ravia, OK 73455 $1,976,265 CAD ($185.74 CAD/SF) 6.25% Cap Rate
EXECUTIVE SUMMARY
Long-Term, 15-Year Absolute Triple Net (NNN) Lease. Newly Executed 15-Year Absolute Triple Net (NNN) Lease; Passive Investment
Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Four (4) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 35 Years. Corporate Location | Corporate Guarantee.
Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Four (4) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 35 Years. Corporate Location | Corporate Guarantee.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,640 SF
Year Built
2023
Price
$1,976,265 CAD
Price Per SF
$185.74 CAD
Cap Rate
6.25%
NOI
$123,517 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
1.10 AC
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Dollar General | 7200 OK-22 Hwy
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