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1916 S Main St, Shattuck, OK, 73858

Dollar General
$711,223

Key Information

Cap Rate
8.75%
Tot. SF
9,026
Lot Size
1.72 Acres
Year Built
2011
Term Remaining
± 4.94 Years
Type
Retail
NOI
$62,232

Highlights

  • List Price: $711,223, Yielding an Attractive 8.75% Cap Rate
  • ±9,026 SF Built-To-Suit Building Constructed in 2011 for Dollar General
  • Situated an a ±1.72-Acre Parcel with a concrete parking Lot and 28 Parking Spaces
  • Over ±5 Years Remaining on the Lease with Three 5-Year Extension Options
  • Tenant Recently Exercised A 5-Year Extension, Demonstrating Commitment and Strong Performance
  • NN+ Lease Structure with Minimal Landlord Responsibilities
  • Strong Corporate Guaranty from Dollar General (Fortune 500), BBB Credit Rating (S&P), ~$28b Market Cap
  • Located on S Main Street (Route 283), A Primary North-South Highway And Main Entry into Shattuck, Ok
  • Positioned in the Main Retail Corridor with Nearby Tenants Including Sonic Drive-In, Quick Stop, Venture Foods, And H&H Powersports
  • Near Newman Memorial Hospital (25+ Beds) and Shattuck High School (355 Students)
  • Nearest Competing Dollar Store is Over ±30 Miles Away, Limiting Local Competition
  • Shattuck is the Largest City in Ellis County and Serves as a Commercial Hub with ~100 Chamber Of Commerce Businesses
  • Population of Approximately 1,267 with an Average Household Income of ~$66,640, Aligning with Dollar General’s Target Demographic

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 180759, 180760 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203