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Discount

Dollar General | New Build | 10+ Years Remain

37546 s 530 Rd, Eucha, OK 74342

Listing Price: $1,225,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$134.62
Lease Type
Absolute Net
Rent Per Square Feet
$8.41

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple absolute NNN corporate guaranteed Dollar General locataed in Eucha, Oklahoma. The original 15-year lease was signed in 2017 and expires in March 2032. This lease features 10% rent increases in each of the five, 5-year options to extend. Eucha, pronounced "Oochee", is situated north of Lake Eucha, east of Spavinaw Lake, west of Lake Eucha Park and southeast of Grand Lake o' the Cherokees. Grand Lake o' the Cherokees is consistently ranked as a top 20 bass fishing lake in the Central Market. Additionally, Grand Lake was home to the 2013 & 2016 Bassmaster Classic.

Investment Highlights

  • Site Burned Down in January 2021 | Photos of Actual Site, Estimated Grand Opening January 2022
  • 10+ Years Remaining on Initial Lease Term | Lease Features Five, 5/yr. Options to Extend
  • Corporate Guaranteed Lease | Dollar General is a BBB S&P Rated Company
  • Nearest Dollar General is Over 13 Miles Away
  • Subject Site Positioned 5 Miles Southeast of Grand Lake | Home to 2013 & 2016 Bassmaster Classic & Top 20 Bass Fishing Lake in Central Market
  • Dollar General has 17,200+ Stores | Across 46 States

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Discount

Dollar General | New Build | 10+ Years Remain

Listing Price: $1,225,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$134.62
Lease Type
Absolute Net
Rent Per Square Feet
$8.41

Investment Highlights

  • Site Burned Down in January 2021 | Photos of Actual Site, Estimated Grand Opening January 2022
  • 10+ Years Remaining on Initial Lease Term | Lease Features Five, 5/yr. Options to Extend
  • Corporate Guaranteed Lease | Dollar General is a BBB S&P Rated Company
  • Nearest Dollar General is Over 13 Miles Away
  • Subject Site Positioned 5 Miles Southeast of Grand Lake | Home to 2013 & 2016 Bassmaster Classic & Top 20 Bass Fishing Lake in Central Market
  • Dollar General has 17,200+ Stores | Across 46 States

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple absolute NNN corporate guaranteed Dollar General locataed in Eucha, Oklahoma. The original 15-year lease was signed in 2017 and expires in March 2032. This lease features 10% rent increases in each of the five, 5-year options to extend. Eucha, pronounced "Oochee", is situated north of Lake Eucha, east of Spavinaw Lake, west of Lake Eucha Park and southeast of Grand Lake o' the Cherokees. Grand Lake o' the Cherokees is consistently ranked as a top 20 bass fishing lake in the Central Market. Additionally, Grand Lake was home to the 2013 & 2016 Bassmaster Classic.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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