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Family Dollar / Dollar Tree (Combo Store)

700 Dallas St, Talihina, OK 74571

Listing Price: $1,995,000

Cap Rate
6.00%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
10.5
Gross SF
11,400
Guarantor
Corporate Guarantee
Rentable SF
11,400
Price/Gross SF
$175.00
Lease Type
Double Net
Rent Per Square Feet
$10.50

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Talihina is a thriving community nestled in the heart of the Choctaw Nation and is the gateway to the Talimena Scenic Drive, Oklahoma’s only National Scenic Byway, and the Ouachita National Forest. The region is home to scenic spring and fall foliage, abundant wildflowers and an abundance of lakes, rivers, and streams, camping facilities, equestrian camps, and hiking trails, which combine to make Talihina a year-round destination.

Investment Highlights

  • Brand New 11-Year Lease with Corporate Guaranty
  • Family Dollar and Dollar Tree Combo Store with Concrete Parking Lot
  • Rare Increased Building Size of 11,400 SF - Indicates Strength of Sales Projections
  • Rare $0.50/SF Bump in Year 6 vs Most 10-Yr Flat Rent Deals - 5% Bumps in Renewal Options vs Typical $0.50/SF Bumps in Options
  • Growing Talihina Trade Area - Households and Population Projected to Increase 7-9% in the Surrounding Area by 2025
  • Brand New High-Quality 2021 Construction
  • Situated Along Dallas Street, Talihina's Primary Thoroughfare
  • Average Household Income Exceeds $51,000 within the Trade Area

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Discount

Family Dollar / Dollar Tree (Combo Store)

Listing Price: $1,995,000

Cap Rate
6.00%
Tenant Name
Family Dollar Stores of Oklahoma, LLC
Years Remaining On Lease
10.5
Gross SF
11,400
Guarantor
Corporate Guarantee
Rentable SF
11,400
Price/Gross SF
$175.00
Lease Type
Double Net
Rent Per Square Feet
$10.50

Investment Highlights

  • Brand New 11-Year Lease with Corporate Guaranty
  • Family Dollar and Dollar Tree Combo Store with Concrete Parking Lot
  • Rare Increased Building Size of 11,400 SF - Indicates Strength of Sales Projections
  • Rare $0.50/SF Bump in Year 6 vs Most 10-Yr Flat Rent Deals - 5% Bumps in Renewal Options vs Typical $0.50/SF Bumps in Options
  • Growing Talihina Trade Area - Households and Population Projected to Increase 7-9% in the Surrounding Area by 2025
  • Brand New High-Quality 2021 Construction
  • Situated Along Dallas Street, Talihina's Primary Thoroughfare
  • Average Household Income Exceeds $51,000 within the Trade Area

Investment Overview

As one of the nation’s fastest growing retailers, Family Dollar offers a compelling assortment of merchandise for the whole family, ranging from household cleaners to name brand foods, from health and beauty aids to toys, from apparel for every age to home fashions, all for everyday low prices. While shoppers can find many items at $1 or less, most items in the store are priced below $10, which makes shopping fun without stretching the family budget. Talihina is a thriving community nestled in the heart of the Choctaw Nation and is the gateway to the Talimena Scenic Drive, Oklahoma’s only National Scenic Byway, and the Ouachita National Forest. The region is home to scenic spring and fall foliage, abundant wildflowers and an abundance of lakes, rivers, and streams, camping facilities, equestrian camps, and hiking trails, which combine to make Talihina a year-round destination.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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