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Family Dollar Tree (Combo Store)

350 N Broadway Ave, Inola, OK 74036

Listing Price: $1,368,000

Cap Rate
8.25%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
8.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$136.80
Lease Type
Double Net
Rent Per Square Feet
$11.29

Investment Overview

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. Serving North
America for more than 63 years, Dollar Tree, Inc. provides customers with quality merchandise, amazing
values, convenience, and a fun shopping experience. The Company operates over 16,000 stores in 48 U.S.
states and five Canadian provinces, supported by more than 200,000 associates.

Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family
essentials) together under one convenient roof to help customers find everything they want and need. The new store concept was initially rolled out in small, rural towns across the country that had limited retail operations. Due to its success, the concept is expanding past just small towns. The Company ended 2023 with approximately 1,200 Combo Stores opened with plans to continue growing over the coming years. Combo Stores deliver a powerful same-store sales lift of greater than 20% on average.

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • Located in Rogers County with an Approximate Population of 98,836
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Situated in the Tulsa MSA, 13 Minutes East of Downtown Tulsa
  • Situated Along Broadway Avenue, Inola's Primary Thoroughfare

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Discount

Family Dollar Tree (Combo Store)

Listing Price: $1,368,000

Cap Rate
8.25%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
8.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$136.80
Lease Type
Double Net
Rent Per Square Feet
$11.29

Investment Highlights

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • Located in Rogers County with an Approximate Population of 98,836
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Situated in the Tulsa MSA, 13 Minutes East of Downtown Tulsa
  • Situated Along Broadway Avenue, Inola's Primary Thoroughfare

Investment Overview

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. Serving North America for more than 63 years, Dollar Tree, Inc. provides customers with quality merchandise, amazing values, convenience, and a fun shopping experience. The Company operates over 16,000 stores in 48 U.S. states and five Canadian provinces, supported by more than 200,000 associates. Combo Stores bring the best of Dollar Tree (seasonal, party, crafting) and Family Dollar (savings on family essentials) together under one convenient roof to help customers find everything they want and need. The new store concept was initially rolled out in small, rural towns across the country that had limited retail operations. Due to its success, the concept is expanding past just small towns. The Company ended 2023 with approximately 1,200 Combo Stores opened with plans to continue growing over the coming years. Combo Stores deliver a powerful same-store sales lift of greater than 20% on average.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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