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Discount

Family Dollar - Dollar Tree Combo

500 S Main St, Fairfax, OK 74637

Listing Price: $1,950,000

Cap Rate
7.00%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
10.1
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$185.71
Lease Type
Double Net
Rent Per Square Feet
$13.00

Investment Overview

Marcus & Millichap is pleased to present for sale Family Dollar - Dollar Tree Combo in Fairfax, Oklahoma. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. The Company operates over 16,000 stores in 48 U.S. states and five Canadian provinces, supported by more than 200,000 associates.

Fairfax is a town in Osage County, Oklahoma, home to more than 1,100 residents. Located 28 miles southwest of Pawhuska and 32 miles southeast of Ponca City, Fairfax is located within the Osage Nation Reservation.

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • New High Quality 2024 Construction
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Property Will Have a 20 Year Roof Warranty
  • Limited Competition - Subject Property is One of Two Discount/Dollar Stores Within a 20-Mile Radius
  • Situated Along Main Street, Fairfax's Primary Thoroughfare
  • 14,043 Residents in a 20-Mile Radius with Average Household Income Exceeding $62,000

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Discount

Family Dollar - Dollar Tree Combo

Listing Price: $1,950,000

Cap Rate
7.00%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
10.1
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$185.71
Lease Type
Double Net
Rent Per Square Feet
$13.00

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • New High Quality 2024 Construction
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Property Will Have a 20 Year Roof Warranty
  • Limited Competition - Subject Property is One of Two Discount/Dollar Stores Within a 20-Mile Radius
  • Situated Along Main Street, Fairfax's Primary Thoroughfare
  • 14,043 Residents in a 20-Mile Radius with Average Household Income Exceeding $62,000

Investment Overview

Marcus & Millichap is pleased to present for sale Family Dollar - Dollar Tree Combo in Fairfax, Oklahoma. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. The Company operates over 16,000 stores in 48 U.S. states and five Canadian provinces, supported by more than 200,000 associates. Fairfax is a town in Osage County, Oklahoma, home to more than 1,100 residents. Located 28 miles southwest of Pawhuska and 32 miles southeast of Ponca City, Fairfax is located within the Osage Nation Reservation.

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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