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Absolute Net Retail Lease
For Sale
Contact for pricing
Pending

101 E 1st Street, Granite, OK 73547

Brand-new 15-year absolute net retail lease with a store opened in March 2016 and scheduled 10% rent increases.

Days on Market13

Property Features for 101 E 1st Street

General Information

Standard status Pending
Property subtype Retail
Lease Type NNN

Additional Details

Lease Term 180 months

Building Details

Tenancy Single
Listing Agency: Trinity Real Estate Investment Services
Listed By: Branson Blackburn · License #TX 611825
Source: Crexi
Added: Jul 21 Changed: Jul 22 Last Checked: Aug 1 at 9:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This offering features a 15-year absolute net lease for a retail store opened in March 2016. The lease includes a 10% rent increase during the primary term and provides for 10% increases at each option period.

The property is described as being located on the main intersection through the Town of Granite. Public remarks also reference Lake Altus and Quartz Mountain State Park as year-round visitor attractions.

Additional public remarks note ongoing retail development in Oklahoma, including mentions of three additional Family Dollar locations. Please contact the agent for more details.

Key Highlights

  • Brand‑new 15‑year absolute net retail lease
  • Store opened March 2016
  • Lease includes 10% rent increases in the primary term

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Storage Facility Garden Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 73547, OK

1,843
Population
682
Households
2.7
Avg Household Size
40
Median Age
11%
College-Educated
79%
High-School Grad
117.6 sq mi
ZIP Area
16
Density / Sq Mi
$62,500
Median Household Income
$43,750
Median Earnings
$681
Median Rent
$119,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brand-new 15-year absolute net retail lease with a store opened in March 2016 and scheduled 10% rent increases.
Where is this nnn property located?
The property is located at 101 E 1st Street Granite, OK.
What are key features of this property?
This property features: Brand‑new 15‑year absolute net retail lease; Store opened March 2016; Lease includes 10% rent increases in the primary term
(325) 864-9775 Call to check price and availability
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