241 N Main St - Freestanding FOR SALE


Jennings, OK 74038
$1,181,323 USD
214-692-2289
241 N Main St, Jennings, OK for Sale
$1,181,323 USD
Freestanding - FOR SALE
1/4
null | 6.65% Cap Rate

241 N Main St
Jennings, OK 74038


HIGHLIGHTS

  • 2020 build-to-suit construction for Dollar General
  • 10.25-Year Absolute NNN lease with zero management responsibilities
  • Five, 5-Year renewal options all of which include an attractive 10% rent increase
  • Ideal 1031 exchange property for an investor seeking a reliable source of passive income
  • Favorable demographics to fit Dollar General’s target market and business model
  • Strong corporate guarantee from Dollar General Corporation

OVERVIEW

Broker of Record Kyle Matthews License No. 180759 (OK)

FOR SALE DETAILS

PRICE

$1,181,323 USD

PRICE/SF

$130 USD /SF

CAP RATE

6.65%

% 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

2020

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

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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