Family Dollar Tree – Holdenville, OK

$1,849,412
Price
$110,040
Noi
5.95%
Cap Rate
10,500
Leasable Area
2022
Year Built

Fortis Net Lease is pleased to present this 10,500 SF Family Dollar Tree Combo Store store located in the heart of Holdenville, OK. The property is encumbered with a ten (10) year triple net lease, leaving minimal landlord responsibilities. The lease contain Four (5) year options to renew, each with $0.50 PSF rent increase. The lease is corporately guaranteed by Family Dollar Corporation which holds a credit rating of “BBB-” which is classified as investment grade.

This Family Dollar Tree is highly visible as it is strategically positioned near Highway 270 (which sees over 4,200 vehicles per day). The building is located on a main retail artery in Holdenville. The five mile population is in excess of 7,000 with the two mile average household income at $53,028. These are above-average demographics for a Dollar Store. The two mile average home value exceeds $70,000.

This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores. List price reflects a 5.95% cap rate based on NOI of $110,040.

INVESTMENT HIGHLIGHTS
• Brand New Featuring Prototype Construction
• 10 Year NNN Lease Requiring Minimal Landlord Responsibilities
• Four – (5 Yr) Options | $0.50 Rental Rate Increase
• 4,200+ Vehicles Per Day on E Hwy Rd 270
• Investment Credit Tenant | Standard & Poor’s: ‘BBB-‘
• Five Mile Population in excess of 7,000
• Two Mile Average Household Income $53,028
• Family Dollar Tree Out Positions Other Retailers in Market | Main Thoroughfare!

Instate Broker of Record: Brian Brockman | Bang Realty, Inc.

CONTACT US REGARDING THIS LISTING

BRYAN BENDER

Partner

ANDREW BENDER

Investment Advisor

Corey Bunch

Investment Advisor

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