For Sale
$1,886,000

1307 Main St Stigler, OK 74462

High-yield, new Dollar Tree store in OK

Overview

Added:
Dec 11, 2024
Days on market:
134
Exceptional investment opportunity: a brand-new, 10,000 square foot Dollar Tree store located at 1307 E Main St, Stigler, Oklahoma, 74462. This property boasts a strong 7.65% cap rate and a new 10-year net lease with a corporate guarantee from Dollar Tree Stores, Inc., a Fortune 500 company. The lease commenced August 31st, 2024, with rent commencing July 30th, 2034, and expiring August 30th, 2034, leaving a remaining lease term of approximately 9.8 years. The asking price is $1,886,000, translating to $188.60 per square foot. The property sits on a 1.15-acre lot and benefits from a prime location directly across from a Walmart Supercenter and McDonald's, with a new Taco Bell and Ace Hardware adjacent. This is a single-tenant, 100% occupied building constructed in 2024. The Net Operating Income (NOI) is $144,300. The lease includes $.50/SF rent bumps in the option periods, offering further potential for increased returns. This is a rare opportunity to acquire a high-quality, net-leased retail property anchored by a financially stable, investment-grade tenant in a strong retail corridor. The lease features four, five-year options. This presents a compelling investment opportunity with significant long-term growth potential.

Highlights

  • Brand new 2024 construction, estimated August completion.
  • New 10-year net-net lease with minimal landlord responsibilities.
  • Corporate lease with Dollar Tree Stores, Inc.
  • Excellent location across from Walmart Supercenter and McDonald's.
  • Adjacent to new Taco Bell and Ace Hardware.
  • Located in Haskell County, the county seat.

Property Details for 1307 Main St

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,000 SF
Year Built
2024
Lot Size (sq. ft)
50,094 SF

Location Insight

City
Stigler
County
Haskell
State
Oklahoma
Latitude
35.2537856
Longitude
-95.1111062

FAQs

What type of property is this?
Retail property - High-yield, new Dollar Tree store in OK
Where is the retail property located?
The property is located at 1307 Main St Stigler, OK.
What is the asking price?
The asking price for this property is $1,886,000.
What are key features of this property?
This property features: Brand new 2024 construction, estimated August completion.; New 10-year net-net lease with minimal landlord responsibilities.; Corporate lease with Dollar Tree Stores, Inc.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1307 Main St
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