1600 44Th St Oklahoma City, OK 73129

This exceptional investment opportunity presents a fee-simple, single-tenant, absolute NNN retail property leased to Dollar General. Located at 1600 SE 44th St, Oklahoma City, OK 73129, this 9,100 square foot building sits on a 2.49-acre lot and was constructed in 2014 as a build-to-suit for the tenant. The property benefits from a prime location near the intersection of I-35 and SE 44th St, experiencing high daily traffic counts of 144,100 vehicles. The strong demographics further enhance the investment's appeal, with a 3-mile population of 68,256 residents and a 5-mile population of 216,430 residents, boasting an average household income of $69,104. The current lease, an absolute NNN with zero management responsibilities, has a remaining term of 5.5 years, with four, 5-year renewal options, each including a 10% rent increase. The tenant, Dollar General, holds an investment-grade credit rating (BBB, S&P) and enjoys a significant market presence with approximately 19,500 locations nationwide. The property's current NOI is $90,360, yielding a 6.45% cap rate, and the asking price is $1,400,000. This is a rare opportunity to acquire a stable, high-performing retail investment with a credit-rated tenant and significant long-term growth potential. The lease commenced February 12, 2015, and expires February 28, 2030. The property is 100% occupied.