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Dollar General - Porter, OK

522 W Belaire Ave, Porter, OK 74454

Listing Price: $1,029,970

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
6.4
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$114.11
Lease Type
Absolute Net
Rent Per Square Feet
$7.70

Investment Overview

Marcus & Millichap presents for sale the Dollar General in Porter, OK. This 9,026 SF property sits on 1.08 acres of land. The Dollar General was built in 2015.

The lease on the property is an Absolute Net lease, requiring no landlord responsibilities. There is a Corporate Guarantee with the lease, provided by Dollar General, who has an S&P Credit Rating of BBB.

The Town of Porter itself is a rural town, but it services the rural vicinity. Demographics in a 15-mile radius are only 2,759 people. From Porter, it is 36 Miles to Tulsa, making it part of the Tulsa Metro Area.

Investment Highlights

  • About 7 Years Remaining on Lease Term with Five, 5-Year Options
  • Absolute Net Property - No Landlord Responsibilities
  • Strong Dollar General Corporate Lease Guarantee by Dollar General Corporation, Inc.
  • Dollar General S&P Credit Rating of BBB
  • This Dollar General is the only Franchise Chain in a 10-Mile Radius
  • Porter, OK is in the Tulsa MSA

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Discount

Dollar General - Porter, OK

Listing Price: $1,029,970

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
6.4
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$114.11
Lease Type
Absolute Net
Rent Per Square Feet
$7.70

Investment Highlights

  • About 7 Years Remaining on Lease Term with Five, 5-Year Options
  • Absolute Net Property - No Landlord Responsibilities
  • Strong Dollar General Corporate Lease Guarantee by Dollar General Corporation, Inc.
  • Dollar General S&P Credit Rating of BBB
  • This Dollar General is the only Franchise Chain in a 10-Mile Radius
  • Porter, OK is in the Tulsa MSA

Investment Overview

Marcus & Millichap presents for sale the Dollar General in Porter, OK. This 9,026 SF property sits on 1.08 acres of land. The Dollar General was built in 2015. The lease on the property is an Absolute Net lease, requiring no landlord responsibilities. There is a Corporate Guarantee with the lease, provided by Dollar General, who has an S&P Credit Rating of BBB. The Town of Porter itself is a rural town, but it services the rural vicinity. Demographics in a 15-mile radius are only 2,759 people. From Porter, it is 36 Miles to Tulsa, making it part of the Tulsa Metro Area.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

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