209 W Chicago Ave - Freestanding FOR SALE
Yale, OK 74085 |
$737,000 USD
918-384-9604
209 W Chicago Ave
Yale, OK 74085
HIGHLIGHTS
- Guaranteed by Dollar General Corporation (S&P: BBB)
- Established Operating History with Tenant Operating at this Location Since 2008, Reflecting a Proven Trade Area and Long-Term Commitment to the Site
- With Only One Renewal Option Remaining, Ownership Will Have the Opportunity to Renegotiate Lease Economics at Expiration
- Low Rent Deal Provides a Conservative Basis Relative to Typical Dollar General Store Sales Performance
- The Only Essential Goods Provider in Yale, Oklahoma
- Strategically Positioned Along W Chicago Ave / State Highway 51, Providing Convenient Access and Prominent Visibility Along Yale’s Primary Highway
OVERVIEW
SHOP Companies is pleased to present the opportunity to acquire a corporately-guaranteed Dollar General in Yale, Oklahoma. The property is subject to a NN lease with one (1) remaining five-year renewal option, providing a future Landlord the opportunity to renegotiate lease terms, including rent, at the conclusion of the current option period.
FOR SALE DETAILS
PRICE
$737,000 USD
PRICE/SF
$82 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General - Yale, OK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
N Main St.
LAND ACRES
1.38 AC
LAND SF
59,982 SF
ZONING
-
APN/PARCEL ID
600075919
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918-384-9604
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918-384-9604
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