Discount
Dollar General | 2012 Remodel | 25yr Historical Occupancy
120 W Main St, New Cordell, OK 73632
Listing Price: $464,000
Investment Overview
This offering presents the opportunity to acquire a Dollar General property located in the heart of New Cordell, Oklahoma. Strategically positioned on W Main Street with excellent visibility and access, the site benefits from its central location in Cordell— the county seat of Washita County—making it a vital retail hub for the surrounding rural population. Positioned approximately 75 miles from Oklahoma City, the property provides proximity to a major metro area with over 1.4 million residents in the MSA. The immediate trade area includes Sonic Drive-In, United Supermarket, Napa Auto Parts, Cordell Memorial Hospital, and numerous local businesses, reinforcing strong and consistent foot traffic.
The property is backed by a corporate-guaranteed lease with DOLGENCORP, LLC (Dollar General), offering investors stable cash flow at an exceptionally low rent of approximately $3/SF. With over five years remaining on the primary term and minimal landlord responsibilities limited to roof and structure, this asset delivers a truly passive investment. Dollar General has occupied the site for over 25 years, completing a full remodel in 2012, demonstrating long-term commitment to the location. Notably, the lease contains no remaining options, creating a future value-add opportunity upon lease expiration. As one of the nation’s top discount retailers with a resilient small-format model and robust expansion strategy, Dollar General continues to dominate the sector and serve as a staple in both rural and urban communities alike.
Investment Highlights
- Corporate Guaranteed Lease (DOLGENCORP, LLC) w/ Extremely Low Rent of ~$3/SF
- Over 5 Years Remaining on Lease Term
- Minimal Landlord Responsibilities Limited to Roof & Structure (Tenant Completed Full Remodel in 2012)
- No Remaining Extension Options Providing Future Upside Potential by Negotiating New Lease With Dollar General
- Historical Occupancy of Over 25 Years
Exclusively Listed By
Broker of Record
Discount
Dollar General | 2012 Remodel | 25yr Historical Occupancy
Listing Price: $464,000
Investment Highlights
- Corporate Guaranteed Lease (DOLGENCORP, LLC) w/ Extremely Low Rent of ~$3/SF
- Over 5 Years Remaining on Lease Term
- Minimal Landlord Responsibilities Limited to Roof & Structure (Tenant Completed Full Remodel in 2012)
- No Remaining Extension Options Providing Future Upside Potential by Negotiating New Lease With Dollar General
- Historical Occupancy of Over 25 Years
Investment Overview
This offering presents the opportunity to acquire a Dollar General property located in the heart of New Cordell, Oklahoma. Strategically positioned on W Main Street with excellent visibility and access, the site benefits from its central location in Cordell— the county seat of Washita County—making it a vital retail hub for the surrounding rural population. Positioned approximately 75 miles from Oklahoma City, the property provides proximity to a major metro area with over 1.4 million residents in the MSA. The immediate trade area includes Sonic Drive-In, United Supermarket, Napa Auto Parts, Cordell Memorial Hospital, and numerous local businesses, reinforcing strong and consistent foot traffic. The property is backed by a corporate-guaranteed lease with DOLGENCORP, LLC (Dollar General), offering investors stable cash flow at an exceptionally low rent of approximately $3/SF. With over five years remaining on the primary term and minimal landlord responsibilities limited to roof and structure, this asset delivers a truly passive investment. Dollar General has occupied the site for over 25 years, completing a full remodel in 2012, demonstrating long-term commitment to the location. Notably, the lease contains no remaining options, creating a future value-add opportunity upon lease expiration. As one of the nation’s top discount retailers with a resilient small-format model and robust expansion strategy, Dollar General continues to dominate the sector and serve as a staple in both rural and urban communities alike.
Exclusively Listed By
Broker of Record

