Building Details

Building Size 9,026 SF

Year Built 2011

Buildings 1

Tenancy Single

Listing Agency: e***@matthews.com Show Phone

Listed By: Edward DeSimone · License #10401386411 (NY) Show Phone

Source: Matthews

Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 12:38PM

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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

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

Property Profile

Current Use

Western Union Bank FedEx OnSite Postal Service Dollar General Discount Store

Suggested Use

Top Pick Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Cafe & Coffee Shop Florist

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

Explore this area Business Placement

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

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

Questions? Ask Rey

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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