701 Piedmont N Rd - Convenience Store FOR SALE


Piedmont, OK 73078
$1,851,000 USD
214-643-6097
701 Piedmont N Rd, Piedmont, OK for Sale
$1,851,000 USD
Convenience Store - FOR SALE
1/5
null | 7.5% Cap Rate

701 Piedmont N Rd
Piedmont, OK 73078


HIGHLIGHTS

  • Brand new 10-year NN* lease with $0.50 PSF rental escalations every 5 years in renewal options.
  • Dollar Tree Stores, Inc. (NASDAQ: DLTR | S&P Credit Rating: BBB | Moody’s Rating: Baa2 | a Fortune 500 Company) operated 16,340 stores
  • Brand new, build-to-suit construction to Dollar Tree’s latest prototype (10,000 SF) - opened August 2024
  • Positioned on a ±0.939-acre lot in a growing area of Northwest Oklahoma City MSA with excellent drive-by visibility/access on Piedmont Rd
  • Traffic counts exceed 10,120 CPD!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 147,925 | Average Household Income (1-MI): $110,259

OVERVIEW

(Building & Land) Fee Simple In Association with Designated Broker: Brian Brockman – Broker License #: 177814 Bang Realty, Inc bor@bangrealty.com 513-898-1551

FOR SALE DETAILS

PRICE

$1,851,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR TREE (AFFLUENT DEMOS) – PIEDMONT, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Bank, Drug Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C

APN/PARCEL ID

090037086

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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