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Dollar General NNN Retail Property
For Sale
$691,467

1916 S Main St, Shattuck, OK 73858

Built-to-suit store with concrete parking and a recently extended lease term.

Property Size9,026 SF
Lot Size1.72 Acres
Price / SF$76.61
Days on Market49

Property Features for 1916 S Main St

General Information

Standard status Active
Size 9,026 SF
Total Parking Spaces 28
Lot size 1.72 Acres
Property subtype Commercial
Lease Term ± 4.94 Years
Net Operating Income $62,232

Financials

Asking Price $691,467
Cap Rate 9%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 9,026 SF
Year Built 2011
Buildings 1
Tenancy Single
Listed By: Edward DeSimone · License #10401386411 (NY)
Source: Matthews
Added: Aug 30 Changed: Oct 12 Last Checked: Oct 16 at 5:41AM

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 Edward DeSimone

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Investment Insights

Based on property information with market context.

This built-to-suit retail building contains ±9,026 SF and was constructed in 2011 for Dollar General. The property occupies approximately 1.72 acres and includes a concrete parking lot with 28 spaces. The lease has over ±5 years remaining, along with three 5-year extension options, and the tenant has recently exercised a 5-year extension. The lease structure is identified as NN+, with minimal landlord responsibilities.

The property is located at 1916 S Main St on Route 283, a primary north-south highway and main entrance into Shattuck. It sits within the community’s main retail corridor near Sonic Drive-In, Quick Stop, Venture Foods, H&H Powersports, Newman Memorial Hospital, and Shattuck High School. The nearest competing dollar store is over ±30 miles away. The lease carries a 9.00% cap rate and a corporate guaranty from Dollar General, which is described as a Fortune 500 company with BBB credit rating from S&P.

Key Highlights

  • ±9,026 SF built‑to‑suit retail building constructed in 2011 for Dollar General
  • Approximately ±1.72‑acre parcel with concrete parking lot and 28 parking spaces
  • Over ±5 years remaining on the lease with three 5‑year extension options

Property Analytics

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Current Use

Western Union Bank FedEx OnSite Postal Service Dollar General Discount Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
3,417 visits/mo 0.2 miles
Phillips 66 Shops & Services
3,259 visits/mo 0.1 miles

Demographics for 73858, OK

1,540
Population
804
Households
1.9
Avg Household Size
43
Median Age
20%
College-Educated
89%
High-School Grad
227.3 sq mi
ZIP Area
7
Density / Sq Mi
$52,727
Median Household Income
$35,884
Median Earnings
$711
Median Rent
$141,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
NNN property - Built-to-suit store with concrete parking and a recently extended lease term.
Where is this nnn property located?
The property is located at 1916 S Main St Shattuck, OK.
What is the asking price?
The asking price for this property is $691,467.
What are key features of this property?
This property features: ±9,026 SF built‑to‑suit retail building constructed in 2011 for Dollar General; Approximately ±1.72‑acre parcel with concrete parking lot and 28 parking spaces; Over ±5 years remaining on the lease with three 5‑year extension options
More about this property
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