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Family Dollar | Strong Store Sales

401 E Cherokee Ave, Nowata, OK 74048

Listing Price: $1,369,000

Cap Rate
6.75%
Tenant Name
Family Dollar
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$10.06

Investment Overview

FAMILY DOLLAR | DOLLAR TREE • PUBLICLY TRADED COMPANY ON NASDAQ • INVESTMENT GRADE STATUS | BBB STABLE ON S&P • ANNUAL REVENUE OF $26.31 BILLION • 16,000+ DOLLAR TREE AND FAMILY DOLLAR LOCATIONS

Investment Highlights

  • NEWLY EXTENDED 10-YEAR LEASE
  • VERY STRONG STORE SALES | LOW RENT-TO-SALES RATIO | CONTACT AGENT
  • TENANT IS INVESTING SIGNIFICANT DOLLARS TO ADD 1,600+/- SF
  • TENANT PLANS TO REMODEL AND EXPAND THE BUILDING TO A FAMILY DOLLAR TREE STORE
  • RECENT SUBSTANTIAL RENTAL INCREASE | EVIDENCE OF FIRM COMMITMENT TO THIS SITE

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Discount

Family Dollar | Strong Store Sales

Listing Price: $1,369,000

Cap Rate
6.75%
Tenant Name
Family Dollar
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$10.06

Investment Highlights

  • NEWLY EXTENDED 10-YEAR LEASE
  • VERY STRONG STORE SALES | LOW RENT-TO-SALES RATIO | CONTACT AGENT
  • TENANT IS INVESTING SIGNIFICANT DOLLARS TO ADD 1,600+/- SF
  • TENANT PLANS TO REMODEL AND EXPAND THE BUILDING TO A FAMILY DOLLAR TREE STORE
  • RECENT SUBSTANTIAL RENTAL INCREASE | EVIDENCE OF FIRM COMMITMENT TO THIS SITE

Investment Overview

FAMILY DOLLAR | DOLLAR TREE • PUBLICLY TRADED COMPANY ON NASDAQ • INVESTMENT GRADE STATUS | BBB STABLE ON S&P • ANNUAL REVENUE OF $26.31 BILLION • 16,000+ DOLLAR TREE AND FAMILY DOLLAR LOCATIONS

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

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