$1,512,586 USD
214-692-2927
2501 N Porter Ave
Norman, OK 73071
Outer Norman
HIGHLIGHTS
- 5% Increases every 5 years in the base term, providing an excellent hedge against inflation
- Dollar General recently extended their lease to a new 15-year term, proving their commitment to the location and market
- The subject property is located 3-miles from the University of Oklahoma which has an approximate enrollment of 30,000 students
- Absolute NNN lease with zero management responsibilities
- 5-mile population in excess of 127,987 residents
- 10-mile population in excess of 271,167 residents
FOR SALE DETAILS
PRICE
$1,512,586 USD
PRICE/SF
$166 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
R0050696
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214-692-2927
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214-692-2927
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