Skip to main content

Discount

Dollar General

1624 W Okmulgee St, Muskogee, OK 74401

Listing Price: $1,765,000

Cap Rate
5.07%
Tenant Name
Dollar General
Years Remaining On Lease
12.3
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$235.33
Lease Type
Absolute Net
Rent Per Square Feet
$11.93

Investment Overview

There are over 12 years left on the lease with nearly 39,000 residents in a 5 mile radius with an average household income of $60,000 which provides maximum exposure in an ideal location. There are 5, 5 year options each with a 10% rental escalation at the beginning of each option.

Investment Highlights

  • 12.3 Year Lease to Investment Grade Tenant
  • There are 39,000 Residents in a 5 Mile Radius with an Average Household Income of $60,000 Which Provides Maximum Exposure in an Ideal Location
  • Located in the Tulsa, OK Market Directly in the Heart of Muskogee with Nearly 13,000 Vehicles Passing the Property Daily

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (918) 294-6300

    License(s) OK: 181981

    Oklahoma

Financing By

Discount

Dollar General

Listing Price: $1,765,000

Cap Rate
5.07%
Tenant Name
Dollar General
Years Remaining On Lease
12.3
Gross SF
7,500
Guarantor
Corporate Guarantee
Rentable SF
7,500
Price/Gross SF
$235.33
Lease Type
Absolute Net
Rent Per Square Feet
$11.93

Investment Highlights

  • 12.3 Year Lease to Investment Grade Tenant
  • There are 39,000 Residents in a 5 Mile Radius with an Average Household Income of $60,000 Which Provides Maximum Exposure in an Ideal Location
  • Located in the Tulsa, OK Market Directly in the Heart of Muskogee with Nearly 13,000 Vehicles Passing the Property Daily

Investment Overview

There are over 12 years left on the lease with nearly 39,000 residents in a 5 mile radius with an average household income of $60,000 which provides maximum exposure in an ideal location. There are 5, 5 year options each with a 10% rental escalation at the beginning of each option.

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (918) 294-6300

    License(s): OK: 181981

    Oklahoma

Financing By

MM Texture Background
MM Textured Background Lower