Absolute NNN Single-Tenant Retail
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415 West 9th Street, Weleetka, OK 74880
Single-tenant retail investment with an Absolute NNN lease occupied by Family Dollar in Weleetka, Oklahoma.
Property Size8,320 SF
Price / SF$127.95
Days on Market5
Property Features for 415 West 9th Street
General Information
Standard status
Active
Size
8,320 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
9%
Building Details
Year Built
2016
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Scotty Latimer · License #790608
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 9:07AM
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.
This single-tenant retail investment property is occupied by Family Dollar and built in 2016. The lease is structured as an Absolute NNN arrangement, providing for zero landlord responsibilities under the lease framework, with corporate guarantee backing from Family Dollar. The lease has approximately 4.25 years remaining on the initial 15-year term, plus six 5-year extension options. The extensions include attractive 10% rental increases.
The property is positioned on the main thoroughfare of Weleetka, Oklahoma, serving as a primary destination for everyday needs in the area. Family Dollar was acquired in 2025 by private equity investors including Brigade Capital Management and Macellum Capital Management in a definitive transaction.
At 8,320 square feet, the asset is designed to support a necessity-based, non-discretionary retail model and is offered as a long-term, single-tenant NNN retail investment.
The property is positioned on the main thoroughfare of Weleetka, Oklahoma, serving as a primary destination for everyday needs in the area. Family Dollar was acquired in 2025 by private equity investors including Brigade Capital Management and Macellum Capital Management in a definitive transaction.
At 8,320 square feet, the asset is designed to support a necessity-based, non-discretionary retail model and is offered as a long-term, single-tenant NNN retail investment.
Key Highlights
- Single‑tenant retail investment occupied by Family Dollar
- Absolute NNN lease with zero landlord responsibilities and corporate guarantee backing
- Approximately 4.25 years remaining on initial 15‑year term
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
2,705 visits/mo
0.4 miles
Conoco
Shops & Services
2,515 visits/mo
0.3 miles
Demographics for 74880, OK
1,832
Population
897
Households
2
Avg Household Size
48
Median Age
11%
College-Educated
83%
High-School Grad
104.1 sq mi
ZIP Area
18
Density / Sq Mi
$47,188
Median Household Income
$35,000
Median Earnings
$626
Median Rent
$78,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail investment with an Absolute NNN lease occupied by Family Dollar in Weleetka, Oklahoma.
Where is this nnn property located?
The property is located at 415 West 9th Street Weleetka, OK.
What is the asking price?
The asking price for this property is $1,064,522.
What are key features of this property?
This property features: Single‑tenant retail investment occupied by Family Dollar; Absolute NNN lease with zero landlord responsibilities and corporate guarantee backing; Approximately 4.25 years remaining on initial 15‑year term
