701 Piedmont N Rd | Piedmont, OK 73078
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701 Piedmont N Rd
Piedmont, OK 73078
DOLLAR TREE (AFFLUENT DEMOS) – PIEDMONT, OK · Retail Property For Sale
Investment Highlights
- Brand new 10-year NN* lease with $0.50 PSF rental escalations every 5 years in renewal options.
- Brand new, build-to-suit construction to Dollar Tree’s latest prototype (10,000 SF) - opened August 2024
- Traffic counts exceed 10,120 CPD!
- Dollar Tree Stores, Inc. (NASDAQ: DLTR | S&P Credit Rating: BBB | Moody’s Rating: Baa2 | a Fortune 500 Company) operated 16,340 stores
- Positioned on a ±0.939-acre lot in a growing area of Northwest Oklahoma City MSA with excellent drive-by visibility/access on Piedmont Rd
- 2023 DEMOGRAPHICS: Total Population (5-MI): 147,925 | Average Household Income (1-MI): $110,259
Executive Summary
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
C
Year Built
2024
Price
£1,483,577
Price Per SF
£141
Net Initial Yield
7.50%
NOI
£111,256
Tenancy
Single
Number of Floors
1
Building FAR
0.26
Lot Size
0.93 AC
Zoning
C
Frontage
88 ft on Piedmont Road North
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 090037086 | Improvements Assessment | £8,829 |
| Land Assessment | £6,301 | Total Assessment | £15,130 |
PROPERTY TAXES
Parcel Number
090037086
Land Assessment
£6,301
Improvements Assessment
£8,829
Total Assessment
£15,130
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