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Dollar General 241 N Main St

9,100 SF Retail Building Jennings, OK 74038 $1,181,323 ($130/SF) 6.65% Cap Rate

Retail Buildings Oklahoma Jennings 241 N Main St, Jennings, OK 74038

Investment Highlights

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

Executive Summary

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

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2020
Price
$1,181,323
Price Per SF
$130
Cap Rate
6.65%
NOI
$78,558
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.97 AC
Zoning
C-2
Parking
30 Spaces (3.3 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign

Links

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PROPERTY TAXES

Parcel Number 3001-00-015-004-0-001-00 Improvements Assessment $44,698
Land Assessment $1,296 Total Assessment $45,994

PROPERTY TAXES

Parcel Number
3001-00-015-004-0-001-00
Land Assessment
$1,296
Improvements Assessment
$44,698
Total Assessment
$45,994
(214) 692-2289

Contact

  • Listing ID: 34481051

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: 241 N Main St, Jennings, OK 74038

More public record information on 241 N Main St, Jennings, OK 74038

The Retail Property at 241 N Main St, Jennings, OK 74038 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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Dollar General | 241 N Main St
(214) 692-2289 x

Dollar General | 241 N Main St

Josh Bishop

(214) 692-2289

(214) 692-2289

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