706 W Main St - Freestanding FOR SALE
Henryetta, OK 74437 |
$795,000 USD
214-692-2289
706 W Main St
Henryetta, OK 74437
HIGHLIGHTS
- Dollar Tree recently exercised their 2nd renewal option with no landlord concessions
- Extremely attractive 9% cap rate for a stabilized deal with investment grade credit
- Extremely healthy rent-to-sales ratio of 5.85% (based off 2024 sales figures)
- Corporate guarantee from Dollar Tree, Inc.
- Lease includes four (4) five-year renewal options all of which have a 10% increase
- The property is located just off Highway 62 which has traffic count in excess ± 21,200 vehicles daily
FOR SALE DETAILS
PRICE
$795,000 USD
PRICE/SF
$71 USD /SF
CAP RATE
8.98%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.64 AC
LAND SF
27,878 SF
ZONING
Okmulgee
APN/PARCEL ID
2400-00-029-013-0-001-00
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214-692-2289
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214-692-2289
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