Ringwood, OK - Dollar General

Description:

- Dollar General has 7 years remaining on their current lease with 5 (5-Year) options to extend, demonstrating their commitment to the site
- The lease features 10% increases at the beginning of each option, growing NOI and hedging against inflation
- The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,345 location as of August 2024

• Dollar General is located at the hard corner intersection of State Hwy 58 and U.S. Hwy 60 & 412 which combined average 5,600 VPD
• With extremely limited nearby competition, the subject property offers an immediate discount store option for highway travelers and locals alike
• The site is in close proximity to Ringwood Jr. High School (384 students), further increasing consumer traffic to the immediate trade area
• The asset has excellent visibility via street frontage and a large pylon sign providing ease and convenience for customers