Northmarq is pleased to offer to qualified investors a single-tenant retail property, 100% leased to Dollar General, located in the town of Eagletown, Oklahoma (the “Property”). The Property consists of a ± 10,566 SF building on ± 1.72 acres of land. Dollar General is operating under a brand new fifteen (15) year absolute NNN lease featuring five (5), five (5) year renewal options with 5% rental increases during the primary term and in each option.
The Property is located in the southeastern corner of Oklahoma, approximately 10 miles east of downtown Broken Bow, a gateway to the picturesque Beavers Bend Resort Park. Broken Bow is a vibrant tourist destination for hikers and nature lovers and offers a wide variety of water sports and other outdoor activities.
Dollar General is the largest dollar store chain in the United States and operates more than 20,000 stores in 47 states. For fiscal 2024, the company reported net sales of $40.6 billion and plans to open another 575 stores in 2025.