Dollar General
397788 Oklahoma 10
Copan, OK
Property Details
Available
Net Operating
Income
$76,130
Year Built
2013
Lease Term
6/4/2028
Lot Size
1.09 Acres
Building Size
9,026 SQ FT
Lease Structure
Absolute NNN
Ownership Type
Fee Simple
Options
(5) Five Year Options
Investment Details
ABSOLUTE NNN LEASE
Hands-off, Passive ownership – Tenant is responsible for taxes, insurance, CAM repairs and replacements
INVESTMENT GRADE TENANT
Dollar General Corp. is an investment grade tenant with a debt rating of BBB by Standard & Poor
IMMEDIATE MARKET CONTROL
Only Dollar store in a 7.5 mile radius
SUPPORTS THE ENTIRE CITY OF COPAN
This market does not have competing dollar stores or Walmart
LONG TERM LEASE
~7 years remaining on an Absolute NNN lease
asking price
$1,127,852
cap rate
6.75%
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