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Family Dollar

1400 S Pennsylvania Ave, Oklahoma City, OK 73108

Listing Price: $1,357,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
3.7
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$147.82
Lease Type
Double Net
Rent Per Square Feet
$10.35

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Oklahoma City, Oklahoma City. The property consists of an 9,180-square-foot, freestanding building that sits on approximately 0.80 acres of land. There are approximately 3.9 years remaining on the current lease term, with a 5 percent rental escalation scheduled in each remaining options.

Investment Highlights

  • Double Net Lease with Approximately 3.9 Years Remaining
  • Family Dollar has Demonstrated Commitment to the Site by Exercising Two Options, with the Most Recent Being in December 2022
  • More than 223,884 Residents Within a Five-Mile Radius
  • Excellent Visibility and Access on South Pennsylvania Ave (11,900 VPD)

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Listing Price: $1,357,000

Cap Rate
7.00%
Tenant Name
Family Dollar
Years Remaining On Lease
3.7
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$147.82
Lease Type
Double Net
Rent Per Square Feet
$10.35

Investment Highlights

  • Double Net Lease with Approximately 3.9 Years Remaining
  • Family Dollar has Demonstrated Commitment to the Site by Exercising Two Options, with the Most Recent Being in December 2022
  • More than 223,884 Residents Within a Five-Mile Radius
  • Excellent Visibility and Access on South Pennsylvania Ave (11,900 VPD)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Family Dollar in Oklahoma City, Oklahoma City. The property consists of an 9,180-square-foot, freestanding building that sits on approximately 0.80 acres of land. There are approximately 3.9 years remaining on the current lease term, with a 5 percent rental escalation scheduled in each remaining options.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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