Family Dollar Tree (Combo Store) 350 N Broadway St
10,000 SF Retail Building Inola, OK 74036 £1,056,860 (£105.69/SF) 8.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Corporate Lease with Approximately 8.5 Years Remaining on the Term
- Located in Rogers County with an Approximate Population of 98,836
- Situated in the Tulsa MSA, 13 Minutes East of Downtown Tulsa
- Rental Increases Occurring in Each Renewal Option Period
- Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
- Situated Along Broadway Avenue, Inola’s Primary Thoroughfare
EXECUTIVE SUMMARY
Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof to help customers find everything they want and need.
Inola is located at the southern tip of Rogers County, thirty minutes from Tulsa and twenty minutes from the county seat of Claremore. It is now considered a bedroom community for Tulsa and is included in the Tulsa Metropolitan Statistical Area. Inola is situated in the perfect geographic location for growth because of its easy access to highway/interstates, railroads and the Verdigris Navigational Channel.
Inola is located at the southern tip of Rogers County, thirty minutes from Tulsa and twenty minutes from the county seat of Claremore. It is now considered a bedroom community for Tulsa and is included in the Tulsa Metropolitan Statistical Area. Inola is situated in the perfect geographic location for growth because of its easy access to highway/interstates, railroads and the Verdigris Navigational Channel.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
C
Year Built
2023
Price
£1,056,860
Price Per SF
£105.69
Net Initial Yield
8.25%
NOI
£87,203
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.31 AC
Parking
29 Spaces
Frontage
165 ft on North Broadway Avenue
AMENITIES
- Signage
- Wheelchair Accessible
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Family Dollar Stores of Oklahoma, LLC
- Retailer
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Family Dollar Stores of Oklahoma, LLC | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 660003434 | Improvements Assessment | £88,388 |
| Land Assessment | £9,348 | Total Assessment | £97,736 |
