500 S Main St - Freestanding FOR SALE


Fairfax, OK 74637
$1,605,800 USD
602-687-6766
500 S Main St, Fairfax, OK for Sale
$1,605,800 USD
Freestanding - FOR SALE
1/5
null | 8.5% Cap Rate

500 S Main St
Fairfax, OK 74637


HIGHLIGHTS

  • Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
  • Rental Increases Occurring in Each Renewal Option Period
  • New High Quality 2024 Construction
  • Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
  • Property Will Have a 20 Year Roof Warranty
  • Limited Competition - Subject Property is One of Two Discount/Dollar Stores within a 20- Mile Radius

OVERVIEW

Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Serving North America for more than 63 years, Dollar Tree, Inc. provides customers with quality merchandise, amazing values, convenience, and a fun shopping experience. The Company operates over 16,000 stores in 48 U.S. states and five Canadian provinces, supported by more than 200,000 associates. Fairfax is a town in Osage County, Oklahoma, home to more than 1,100 residents. Located 28 miles southwest of Pawhuska and 32 miles southeast of Ponca City, Fairfax is located within the Osage Nation Reservation. Rural Wellness Fairfax Hospital serves Fairfax and its surrounding communities. The hospital underwent a $5 million expansion that included additional healthcare training for staff and new equipment.

FOR SALE DETAILS

PRICE

$1,605,800 USD

PRICE/SF

$153 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Dollar Tree Combo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

570009989,570009994,570009996

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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