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Dollar General MARKET Grocery Store
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3681 Chandler Rd, Muskogee, OK 74403

New construction offering an absolute NNN lease with corporate guaranty and no investor management responsibilities.

Property Size10,640 SF
Lot Size1.17 Acres
Price / SF$230.73
Days on Market10

Property Features for 3681 Chandler Rd

General Information

Standard status Active
Size 10,640 SF
Lot size 1.17 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $150,980

Additional Details

Traffic Count 13,400 vehicles/day

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Matthews
Listed By: Josh Bishop · License #688810
Source: Crexi
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 5 at 9:39AM

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 Matthews

Investment Insights

Based on property information with market context.

Located at 3681 Chandler Rd in Muskogee, Oklahoma, this 2026-built grocery and convenience store contains approximately 10,640 SF on 1.17 acres. The building follows the larger Dollar General MARKET format and uses premium construction rather than a prototypical metal building. The property is leased on an absolute NNN basis, with approximately 14.75 years remaining in the initial 15-year term. Base-term and extension provisions provide 5% rental increases every 5 years, while Dollar General Corporation provides the corporate guaranty and carries an S&P credit rating of BBB.

The site fronts Chandler Rd, which records approximately 13,400 vehicles per day. The surrounding 5-mile population is 36,252 residents. Muskogee is positioned 50 miles southeast of Tulsa and 60 miles northwest of Fort Smith.

Key Highlights

  • 2026 construction with approximately 10,640 SF on 1.17 acres
  • Larger Dollar General MARKET prototype with premium, non‑metal‑building construction
  • Absolute NNN lease with approximately 14.75 years remaining on the initial 15‑year term

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $159.6k $15.00
− Vacancy −$4.1k −$0.39
EGI $155.5k $14.61
− OpEx −$46.6k −$4.38
NOI $108.8k $10.23
10,640 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,815 @ 7.0% cap · market cap 4.43%
Second Best
Specialty Retail
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,195 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $155,894 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Hair Salon

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

13,400 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 50%
Muskogee #2 Shops & Services
14,446 visits/mo 0.4 miles
SONIC Drive In Dining
13,922 visits/mo 0.5 miles
Chicken Express Dining
5,769 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
4,060 visits/mo 0.4 miles
Jackson Hewitt Tax Service Shops & Services
1,054 visits/mo 0.3 miles

Demographics for 74403, OK

29,419
Population
12,779
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
109.7 sq mi
ZIP Area
268
Density / Sq Mi
$57,171
Median Household Income
$35,732
Median Earnings
$841
Median Rent
$145,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - New construction offering an absolute NNN lease with corporate guaranty and no investor management responsibilities.
Where is this grocery and convenience store located?
The property is located at 3681 Chandler Rd Muskogee, OK.
What is the asking price?
The asking price for this property is $2,454,960.
What are key features of this property?
This property features: 2026 construction with approximately 10,640 SF on 1.17 acres; Larger Dollar General MARKET prototype with premium, non‑metal‑building construction; Absolute NNN lease with approximately 14.75 years remaining on the initial 15‑year term
More about this property
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