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500 S Main St Fairfax, OK 74637

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For Sale
$1,475,000

New construction retail property with long-term corporate lease.

Property size:
10,500 SF
Lot size:
0.96 Acres

Property Features for 500 S Main St

General Information

Size
10,500 SF
Lot size
0.96 Acres

Source: Marcus & Millichap | Phoenix Agent Mark Ruble

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Retail Store For Sale

This retail property features a brand new, high-quality construction completed in 2024. It is currently under a 10-year corporate lease with a Family Dollar and Dollar Tree combo store. The lease includes rental increases during each renewal option period. The property benefits from a 20-year roof warranty. Situated along Main Street, the primary thoroughfare in Fairfax, Oklahoma, the location has limited competition, being one of only two discount/dollar stores within a 20-mile radius. Family Dollar/Dollar Tree combo stores average 20 percent more in sales than traditional Family Dollar locations. The property is within a 20-mile radius of 14,043 residents with an average household income exceeding $62,000. The property size is 10,500 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Fairfax Feed & Ranch Animal Feed Store

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fairfax
County
Osage
State
Oklahoma
Longitude
-96.703952
Latitude
36.565195

FAQs

What type of property is this?
Grocery and convenience store - New construction retail property with long-term corporate lease.
Where is this grocery and convenience store located?
The property is located at 500 S Main St Fairfax, OK.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: - Brand new 10-year corporate lease with Family Dollar and Dollar Tree combo store.; - Limited competition - one of two discount/dollar stores within a 20-mile radius.; - Family Dollar / Dollar Tree combo stores average 20 percent more in sales.
More about this property
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