Family Dollar - Dollar Tree Combo | 500 S Main St
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Family Dollar - Dollar Tree Combo 500 S Main St
10,500 SF Retail Building Fairfax, OK 74637 $1,654,500 ($158/SF) 8.25% Cap Rate
Investment Highlights
- Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
- New High Quality 2024 Construction
- Property Will Have a 20 Year Roof Warranty
- Rental Increases Occurring in Each Renewal Option Period
- Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
- Limited Competition - Subject Property is One of Two Discount/Dollar Stores within a 20- Mile Radius
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Year Built
2024
Price
$1,654,500
Price Per SF
$158
Cap Rate
8.25%
NOI
$136,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.96 AC
PROPERTY TAXES
| Parcel Number | 570009996 | Improvements Assessment | $858 |
| Land Assessment | $223 | Total Assessment | $1,081 |
PROPERTY TAXES
Parcel Number
570009996
Land Assessment
$223
Improvements Assessment
$858
Total Assessment
$1,081
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Family Dollar - Dollar Tree Combo | 500 S Main St
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