Dollar General
New
For Sale
$1,430,000
6401 E Kenosha St, Broken Arrow, OK 74014
The listing identifies Dollar General as the tenant and notes an early lease renewal.
Property Size9,026 SF
Price / SF$158.43
Days on Market1
Property Features for 6401 E Kenosha St
General Information
Standard status
Active
Size
9,026 SF
Property subtype
Discount
Lease Type
Absolute Net
Additional Details
Cap Rate
7%
Tenant in Place
Yes
Amenities
TENANT EXERCISED RENEWAL OVER 1 YEAR AHEAD OF REQUIREMENT
NNN LEASE | NO LANDLORD EXPENSES
6+ YEARS REMAINING ON CURRENT LEASE TERM
STRONG PLACER DATA | TOP 26% IN THE STATE
ADJACENT TO PROPOSED NEW 6+/- ACRE RETAIL DEVELOPMENT | PROPOSED TACO BELL AND MCDONALD'S, AMONG OTHERS
TENANT JUST RESURFACED THE PARKING LOT AT OWN EXPENSE
STRONG DEMOGRAPHICS | 72,000+ 5-MILE POPULATION
LOCATED ON KENOSHA STREET | 16,000+ VPD
Building Details
Building Size
9,026 SF
Listing Agency:
Atlanta Office
Listed By:
Robby Pfeiffer · License #License(s): GA: 281335, AL: 000091407-1
(678) 808-2770
Source:
Marcusmillichap
Added: Oct 24
Last Checked: Oct 24 at 2:47PM
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 Atlanta Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 6401 E Kenosha St in Broken Arrow, this 9,026-square-foot storefront is associated with Dollar General. The listing notes an early lease renewal and identifies proposed new Taco Bell and McDonald’s locations adjacent to the property.
Dollar General is described as a publicly traded company on the NYSE, with an investment-grade BBB/Stable rating from Standard & Poor’s. The company operates more than 20,000 locations across 48 states.
Dollar General is described as a publicly traded company on the NYSE, with an investment-grade BBB/Stable rating from Standard & Poor’s. The company operates more than 20,000 locations across 48 states.
Key Highlights
- 9,026‑square‑foot storefront associated with Dollar General
- Early lease renewal noted
- Proposed new Taco Bell and McDonald’s locations identified adjacent to the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,267
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,340
$1.8M
Cap Rate 7%
$1,318,100
$1.3M
Cap Rate 9%
$1,025,189
$1.0M
Market Conditions
NOI Build-Up for 9,026 SF
Gross rent
$144.1K $15.96/SF
− Vacancy
−$12.2K −$1.36/SF
EGI
$131.8K $14.60/SF
− OpEx
−$39.5K −$4.38/SF
NOI
$92.3K $10.22/SF
Area
Broken Arrow, OK
Vacancy
8.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,845,340
Cap Rate 7%
$1,318,100
Cap Rate 9%
$1,025,189
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.54M
NOI $92,267 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,790 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74014, OK
41,284
Population
15,500
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
105.0 sq mi
ZIP Area
393
Density / Sq Mi
$94,102
Median Household Income
$47,193
Median Earnings
$1,433
Median Rent
$240,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The listing identifies Dollar General as the tenant and notes an early lease renewal.
Where is this storefront property located?
The property is located at 6401 E Kenosha St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: 9,026‑square‑foot storefront associated with Dollar General; Early lease renewal noted; Proposed new Taco Bell and McDonald’s locations identified adjacent to the property
