Building Details

Buildings 1

Tenancy Single

Listing Agency: Northmarq - Tulsa g***@stanjohnsonco.com Show Phone

Listed By: Gill Warner · License #OK 131858

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:15PM

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Investment Insights

Based on property information with market context.

This single-tenant retail property contains a 9,026-square-foot building on approximately 1.3 acres. Dollar General has occupied the site since Summer 2015, providing an established operating history at the location. The property is fully leased under a 15-year absolute NNN lease with just over six years remaining and four additional five-year renewal options. Each option includes a 10% rental increase.

The property sits along the main thoroughfare of Paden, Oklahoma, with access from Highway 62. Nearby businesses include BancFirst, Sunrise Lawn Furniture, Signs & Wonders, Advantage Feeders, and Thad White Building Supplies, along with other local commercial operators.

Key Highlights

• 9,026 SF retail building on approximately 1.3 acres
• 100% leased to Dollar General
• 15‑year absolute NNN lease with just over six years remaining

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Pharmacy Barber Shop Auto Repair Shop Cosmetic Store

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

100%

Occupancy

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

47

Businesses Nearby

Explore this area Business Placement

Demographics for 74860, OK

1,545

Population

697

Households

2.2

Avg Household Size

44

Median Age

16%

College-Educated

85%

High-School Grad

86.6 sq mi

ZIP Area

18

Density / Sq Mi

$59,615

Median Household Income

$44,141

Median Earnings

$783

Median Rent

$120,200

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 - Single-tenant retail asset occupied under an absolute NNN lease with renewal options and scheduled rent increases.

Where is this nnn property located?

The property is located at 523 9th St Paden, OK.

What are key features of this property?

This property features: 9,026 SF retail building on approximately 1.3 acres; 100% leased to Dollar General; 15‑year absolute NNN lease with just over six years remaining