Offering Memorandum
Investment Sale
Dollar General
11378 OK-3
Lane, Oklahoma
Lane, Oklahoma
eCode:008i
Sales Price
$1,438,189
NOI
$76,224
Cap Rate
5.30%
Lease Expiration
5/31/2032
Building Size
9,026 SF
Lot Size
1.00 AC
Year Built
2017 (Build-to-Suit)
Traffic Count
OK-3 (2,410 CPD)
Highlights
- Strong Placer Data
- Corporate Guaranty
- Lease is Guaranteed by Dollar General Corp. (NYSE: DG)
- Covid-19 Proof Investment
- Newer Construction
- Minimal Dollar Store Competition
- Absolute NNN Lease
| Radius | 5 mile | 10 mile | 20 mile |
| Population Density | 1,446 | 6,940 | 18,714 |
| Household Income | $64,468 | $63,118 | $61,173 |
| Daytime Pop | 237 | 1,921 | 2,847 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF