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Dollar Tree 1307 E Main St

10,000 SF Retail Building Stigler, OK 74462 £1,475,701 (£148/SF) 7.65% Net Initial Yield

Investment Highlights

  • BRAND NEW 2024 CONSTRUCTION | ESTIMATED JUNE COMPLETION
  • CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
  • DIRECTLY ACROSS THE STREET FROM WALMART SUPERCENTER AND MCDONALD'S
  • NEW 10-YEAR NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES
  • BRAND NEW TACO BELL AND ACE HARDWARE DIRECTLY NEXT DOOR

Executive Summary

Dollar Tree
• PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #137 ON FORTUNE 500 LIST
• 16,000+ STORES IN 48 STATES
• SALES OF $28.3 BILLION IN 2022

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
£1,475,701
Price Per SF
£148
Net Initial Yield
7.65%
NOI
£112,908
Tenancy
Single
Number of Floors
1
Building FAR
0.01
Land Acres
15.83 AC
Parking
25 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
237 ft on East Main Street

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1099-17-09N-21E-2-015-00
Land Assessment
£121
Improvements Assessment
£4,290
Total Assessment
£4,411
  • Listing ID: 31966255

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 1307 E Main St, Stigler, OK 74462

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