465 4th Ave | Welch, OK 74369
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465 4th Ave
Welch, OK 74369
Dollar General | 7.15% Cap | Welch, OK · Retail Property For Sale
Investment Highlights
- Ideal 1031 Exchange property for an investor seeking a reliable source of passive income
- 9-Years remaining on an initial 15-year lease term
- Absolute NNN lease with zero management responsibilities
- Extremely attractive 7.15% cap rate
- Five, 5-year renewal options all of which include an attractive 10% rent increase
- Extremely strong corporate guarantee from Dollar General Corporation
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.63 AC
Zoning
0006
Parking
15 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
148 FT on W 4th
About 465 4th Ave , Welch, OK 74369
Cheap price point of just over $1M dollars Welch is located 40 miles Southwest of Joplin, MO and 80 miles Northwest of Tulsa, OK
PROPERTY TAXES
| Parcel Number | 0000-31-28N-21E-1-011-00 | Improvements Assessment | $54,386 |
| Land Assessment | $6,900 | Total Assessment | $61,286 |
PROPERTY TAXES
Parcel Number
0000-31-28N-21E-1-011-00
Land Assessment
$6,900
Improvements Assessment
$54,386
Total Assessment
$61,286
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