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Dollar General

$1,438,189

11378 Oklahoma 3, Lane, OK 74555

Active
Last Updated: 12/17/2024

5.3

Cap Rate

76,224

NOI

Details:
Cap Rate:    5.3%
NOI:    $76,224
Building Size:    9,026 sqft
Lot Area:    1 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2017 (Build-to-Suit)
Tenancy:    Single
Lease Expire Year:    05/31/2032
Highlights:
  • CORPORATE GUARANTY: LEASE IS GUARANTEED BY DOLLAR GENERAL CORPORATION (NYSE: DG): Dollar General Corporation is one of the largest retailers in the country with over 18,000 locations and 143,000 employees
  • COVID-19 PROOF INVESTMENT: Since the beginning of the pandemic, Dollar General Corporation has experienced a 21.5% net sales increase – a reflection in part of shoppers being mindful of budgets during the pandemic.
  • NEWER CONSTRUCTION: 2017 Build-to-Suit for Dollar General
  • ABSOLUTE NNN LEASE: Virtually no Landlord Responsibilities
  • MINIMAL DOLLAR STORE COMPETITION: Closest national Dollar Store chain is over 10 miles from subject property
Map:
Documents:
Title
Dollar_General-Lane__OK-OM__2022_.pdf
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Location
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