2700 Kenosha St Broken Arrow, OK 74012

This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree store in Broken Arrow, Oklahoma, situated on a 1.29-acre lot. The property boasts a new 10.3-year corporate lease (commencing October 27, 2023, and expiring February 27, 2034), offering a substantial 9.3 years of remaining lease term. The lease includes four, five-year renewal options with $0.50 per square foot rent bumps every five years. This Net Lease (NN) investment features a 7.00% cap rate and a strong net operating income (NOI) of $150,000. The asking price is $2,143,000, translating to a price per square foot of $214.30. The property is located at 2700 W Kenosha St, Broken Arrow, OK 74012, in Tulsa County, a high-growth area with an estimated population of 677,358. This location benefits from excellent visibility and accessibility, situated near major roadways including State Highway 51, and is within close proximity to other prominent retailers such as Sam's Club, Cinemark, Woodland Hills Mall, Walmart, Aldi, and Starbucks. The property's 100% occupancy and corporate guarantee from Dollar Tree (NASDAQ: DLTR) provide significant security and stability for investors. Built in 2023, this property represents a compelling investment opportunity in a thriving retail market. The daily traffic count at the intersection of W Kenosha St and N Aspen Ave is approximately 21,500 cars.