Discount
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
Family Dollar | Strong Store Sales
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
Broker of Record
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
Broker of Record
