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This Retail Property is no longer advertised on LoopNet.co.uk.

465 4th Ave
Welch, OK 74369

Dollar General | 7.15% Cap | Welch, OK · Retail Property For Sale

Investment Highlights

  • Ideal 1031 Exchange property for an investor seeking a reliable source of passive income
  • 9-Years remaining on an initial 15-year lease term
  • Absolute NNN lease with zero management responsibilities
  • Extremely attractive 7.15% cap rate
  • Five, 5-year renewal options all of which include an attractive 10% rent increase
  • Extremely strong corporate guarantee from Dollar General Corporation

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2014
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
3.63 AC
Zoning
0006
Parking
15 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
148 ft on W 4th

About 465 4th Ave , Welch, OK 74369

Cheap price point of just over $1M dollars Welch is located 40 miles Southwest of Joplin, MO and 80 miles Northwest of Tulsa, OK

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-31-28N-21E-1-011-00
Land Assessment
£5,465
Improvements Assessment
£43,078
Total Assessment
£48,543
  • Listing ID: 18627109

  • Date on Market: 24/02/2020

  • Last Updated:

  • Address: 465 4th Ave, Welch, OK 74369

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