241 N Main St - Freestanding FOR SALE


Jennings, OK 74038
$1,190,000 USD
918-384-9604
241 N Main St, Jennings, OK for Sale
$1,190,000 USD
Freestanding - FOR SALE
1/13
null | 6.6% Cap Rate

241 N Main St
Jennings, OK 74038


HIGHLIGHTS

  • 2019 Construction | Absolute NNN Lease
  • Strategic Jennings, OK Location
  • Proximity to Hallett Motor Racing Circuit
  • Investment-Grade National Tenant

OVERVIEW

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a 2019 construction, absolute NNN leased Dollar General in Jennings, OK ("the property"). The original 15-year lease has just under 10 years remaining and boasts rental increases of 10% in each of the five (5), five-year option periods. The property presents a compelling investment opportunity as the only discount retailer serving the immediate area. Positioned on the town’s main thoroughfare, the store captures steady daily traffic and fulfills an essential retail need for the local community. The property is strategically located approximately 35 miles west of Tulsa, providing convenient access to one of Oklahoma’s largest metropolitan areas. Its proximity to Keystone Lake, just 20 minutes away, enhances its regional appeal by attracting consistent recreational traffic from visitors seeking outdoor leisure and lake activities. The property is situated only five minutes from Hallett Motor Racing Circuit (HMRC), a historic and technical road-racing venue in the Osage Hills. HMRC draws more than 100,000 visitors annually between February and November, with roughly 90% of attendees traveling from outside the area. The circuit serves as a regional hub for motorsports, hosting events from organizations such as SCCA, NASA, COMMA, BMWCCA, Porsche Club, CMRA, and vintage racing groups, bringing in thousands of drivers, crews, and spectators each season. Dollar General Corporation (NYSE: DG) is a leading U.S. neighborhood retailer with 20,582 stores across multiple formats, including Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General in Mexico. In Q2 2025, the company reported $10.7 billion in net sales, up 5.1% year-over-year, with same-store sales rising 2.8% on stronger traffic and larger transactions. Operating profit grew 8.3% to $595.4 million, reflecting growth across consumables, seasonal items, home goods, and apparel.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Jennings, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

C-2

APN/PARCEL ID

3001-00-015-004-0-001-00

ASK ABOUT THIS PROPERTY

Matt MaguireSHOP CompaniesMore Info
918-384-9604

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Matt MaguireSHOP CompaniesMore Info
918-384-9604

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.