5602 N Lewis Ave - Retail FOR SALE


Tulsa, OK 74130- North Tulsa
$2,267,000 USD
918-384-9604
5602 N Lewis Ave, Tulsa, OK for Sale
$2,267,000 USD
Retail - FOR SALE
1/14
null | 6.55% Cap Rate

5602 N Lewis Ave
Tulsa, OK 74130
North Tulsa


HIGHLIGHTS

  • 2025 Construction | Absolute NNN Lease
  • Prime Location | High Visibility & Accessibility
  • Tulsa Market | Regional Hub
  • Investment-Grade National Tenant

OVERVIEW

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a brand-new construction, Absolute NNN leased Dollar General in Tulsa, OK ("the property"). The new 15-year lease boasts rental increases of 5% every 5 years and in each of the five, 5-year option periods. The property is strategically positioned on the hard corner of N Lewis Ave (5,264 VPD) and E 56th St N (4,641 VPD), offering exceptional visibility and accessibility at a signalized intersection. Located just two minutes from I-75 (Cherokee Expressway), a major north–south thoroughfare, the site provides seamless connectivity to key destinations across the Tulsa metro. The area is surrounded by strong residential density, with nearly 60,000 residents and over 22,000 housing units within a five-mile radius. The property also benefits from close proximity to several major demand drivers, including McLain High School of Science and Technology (726 students, 4 minutes), Tulsa Community College – NE Campus (1,232 students, 9 minutes), and Tulsa International Airport (11 minutes). In addition, it sits within minutes of popular attractions such as the Tulsa Zoo (12 minutes) and Downtown Tulsa (12 minutes). This concentration of educational, transportation, and cultural destinations not only drives steady traffic in the area but also supports a vibrant local economy, making the site well-positioned for long-term tenant success. Tulsa, Oklahoma continues to experience robust economic growth, driven by a diverse mix of industries including aerospace, energy, healthcare, technology, and finance. With one of the most affordable costs of living in the nation, the city has attracted a steady inflow of businesses, talent, and investment capital. Tulsa’s metro population now exceeds one million and continues to expand, supported by pro-business policies, infrastructure investment, and strong demand for both residential and commercial real estate. This growth trajectory positions Tulsa as a premier market for long-term investment stability and upside potential. 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

$2,267,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Tulsa, OK

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

52500-03-06-00150

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.