Dollar General

11378 Oklahoma 3, Lane, OK

$1,438,189

Price

5.3%

Cap Rate

$76,224

NOI

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Street
Map
Overview
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
Documents
Title
Dollar_General-Lane__OK-OM__2022_.pdf
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Location
Gallery