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Dollar General 17885 E 116th St N

9,230 SF Retail Building Collinsville, OK 74021 £1,095,430 (£119/SF) 6.75% Net Initial Yield

Investment Highlights

  • Multiple Options Remaining – The lease has Three, 5-year option periods with 10% increases at the beginning of each option period.
  • Strong Corporate Guarantee – Dollar General Corporation (NYSE: DG) carries an Investment Grade Credit Rating of BBB (S&P).
  • America’s Largest Retailer – Dollar General just opened it’s 20,000th store and holds the title of America’s largest retailer.

Executive Summary

Absolute NNN – The subject property offers zero landlord responsibilities.

Attachments

Offering-Memorandum-Dollar-General-Collinsville-OK-Tulsa-MSA

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,230 SF
Building Class
C
Year Built
2020
Price
£1,095,430
Price Per SF
£119
Net Initial Yield
6.75%
NOI
£73,942
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Land Acres
1.51 AC
Parking
34 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
174 ft on East 116th Street North

Amenities

  • Wheelchair Accessible
  • Air Conditioning
1 of 1

PROPERTY TAXES

Parcel Number 0103918 Improvements Assessment £79,184
Land Assessment £59,818 Total Assessment £139,002

PROPERTY TAXES

Parcel Number
0103918
Land Assessment
£59,818
Improvements Assessment
£79,184
Total Assessment
£139,002
(630) 880-4393

  • Listing ID: 33791915

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 17885 E 116th St N, Collinsville, OK 74021

The Retail Property at 17885 E 116th St N, Collinsville, OK 74021 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

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