3701 23Rd St Broken Arrow, OK 74014

This exceptional investment opportunity features a brand-new, 10,566-square-foot Dollar General store in Broken Arrow, Oklahoma. Located at 3701 S 23rd St, 74014, this single-tenant property sits on a 1.09-acre lot and boasts a 15.1-year lease, commencing December 8, 2023, and expiring December 31, 2038. The current annual net operating income (NOI) is $104,864, representing a compelling 6.50% capitalization rate. The lease is a triple-net (NNN) agreement, meaning the tenant is responsible for all property expenses, including taxes, insurance, and maintenance. This minimizes landlord responsibilities and maximizes passive income. The lease includes built-in rent increases of 5% every five years, providing consistent growth potential. The property benefits from its location in a high-traffic area and the strong creditworthiness of Dollar General, a publicly traded company (NYSE: DG) operating thousands of stores nationwide. This is a turnkey investment with a long-term lease and a highly reputable tenant, making it an attractive addition to any portfolio. The building was constructed in 2023 and offers ample parking. This is a rare opportunity to acquire a new construction Dollar General with a significant remaining lease term and attractive financial metrics.