318 Poplar StFort Gibson, OK 74434
- Retail properties
- 10,537 SF
Property Details for 318 Poplar St
- Year built
- 2024
- Lot size
- 2.17 AC
- Property size (Sq ft)
- 10,537 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 10,537 square foot Family Dollar/Dollar Tree combo store in Fort Gibson, Oklahoma. Located at 318 E Poplar St (74434), this property boasts a 9.4-year remaining lease term (expiring 03/30/2034) with a strong corporate guarantee from Family Dollar Stores, Inc., a subsidiary of Dollar Tree, Inc. The net lease structure minimizes landlord responsibilities, while the 7.75% cap rate and $141,225 annual NOI offer significant returns. Built in 2024, the single-tenant building sits on a 2.17-acre lot and benefits from high visibility on E Poplar St (5,200 VPD) and convenient access to US Hwy 62 (23,600 VPD). The property serves a substantial customer base exceeding 10,000 residents within a 5-mile radius, with limited retail competition. Four 5-year lease options are included, with rent bumps in option periods and a $0.50 per square foot increase. The asking price is $1,822,260 ($172.94/sq ft). This is a prime retail investment with a secure tenant and strong potential for long-term growth. The lease commenced on March 5th, 2024.
Location Insight
- City
- Fort Gibson
- County
- Muskogee
- State
- Oklahoma
- Latitude
- 35.799
- Longitude
- -95.245
Comparable in this City
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