3400 Kelley AveOklahoma City, OK 73111

This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar property located at 3400 N Kelley Ave, Oklahoma City, OK 73111. Built in 2006, this 1.38-acre site boasts upgraded stucco construction and benefits from a strong location within a densely populated area. The 5-mile radius encompasses approximately 148,304 residents, while the 10-mile radius includes approximately 627,951 residents. The property features a long-term lease with Dollar Tree (the parent company of Family Dollar), extending to December 31, 2031, with five 5-year options, each including a 10% rent increase. The current lease commenced December 15, 2006, and offers a substantial remaining lease term of 7.2 years. The property generates a strong net operating income (NOI) of $78,500, resulting in an attractive 7.25% capitalization rate. Dollar Tree, with an investment-grade credit rating of BBB-, provides a high level of creditworthiness and corporate guarantee. The property's strong rent-to-sales ratio of 3.54% further underscores its financial stability. This is a rare opportunity to acquire a well-positioned, financially sound retail investment with a proven track record and significant upside potential. The tenant's extension of their first lease option demonstrates a long-term commitment to the location. This property is offered at an asking price of $1,082,759.