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    430 W Doolin Ave Blackwell, OK 74631

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    For Sale
    $1,138,760

    NNN leased Dollar General with corporate guaranty and renewal options.

    Property size:
    9,014 SF
    Lot size:
    1.00 Acres

    Property Features for 430 W Doolin Ave

    General Information

    Size
    9,014 SF
    Lot size
    1.00 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

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

    Overview

    Dollar General Investment Opportunity

    This property, constructed in 2009 as a build-to-suit for Dollar General, presents an investment opportunity with a corporate guaranty from Dollar General Corporation, which holds an S&P rating of BBB. The tenant has demonstrated commitment to the location and market by extending their lease twice. The property operates under an NN+ lease structure, where the tenant is responsible for HVAC, parking lot maintenance and repairs (excluding replacement), taxes, and insurance. The seller retains responsibility for the roof, structure, and parking lot replacement. There are approximately 5.25 years remaining on the recently extended lease, along with four, 5-year renewal options, each including a 10% rent increase. Dollar General, considered an essential retailer, has approximately 21,000 locations throughout the US and plans to continue expansion. The average household income in the area is $74,481.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service Redbox Movie Rental Kiosk FedEx OnSite Mailing Service

    Suggested Use

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

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

    Similar Places Nearby

    United Supermarkets

    Location Insight

    • Map
    • Local Demand
    City
    Blackwell
    County
    Kay
    State
    Oklahoma
    Longitude
    -97.288863
    Latitude
    36.81196

    Nearby Similar for Sale

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    • $300,000

      Blackwell Light Industrial Turnkey Property

      6.057 acres with 6,321 SF warehouse near downtown.
      310 E Dewey Ave, Blackwell, OK 74631
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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General with corporate guaranty and renewal options.
    Where is this grocery and convenience store located?
    The property is located at 430 W Doolin Ave Blackwell, OK.
    What is the asking price?
    The asking price for this property is $1,138,760.
    What are key features of this property?
    This property features: - Corporate guaranty from Dollar General Corporation (S&P rated BBB); - **5.25-Years remaining on a recently extended lease**; - NN+ lease structure with tenant responsible for HVAC, parking lot maintenance/repairs (not replacement), taxes, and insurance. Seller is responsible for roof, structure, and parking lot replacement only.
    (315) 730-6228
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    430 W Doolin Ave Blackwell, OK 74631
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    Blackwell, OK 74631
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    430 W Doolin Ave Blackwell, OK 74631
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