4014 Willow Ave Enid, OK 73703
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,640-square-foot Dollar General store in Enid, Oklahoma. Built in 2024, the property boasts a 100% occupancy rate with a strong, credit-rated corporate guarantee from Dollar General Corporation (S&P rating: BBB). The absolute NNN lease, commencing June 7, 2024, and expiring June 29, 2039, requires no landlord responsibilities. The lease includes four, five-year renewal options with a 5% rent increase every five years, ensuring consistent income growth. The property's strategic location at 4014 W Willow Ave, Enid, OK 73703, benefits from high traffic volume (17,000+ vehicles daily) and a strong local customer base within a 5-mile radius of over 48,000 residents. The affluent surrounding community boasts an average household income exceeding $109,000. The asking price is $2,070,580, representing a compelling 6.75% cap rate and a price per square foot of $194.60. The property generates a net operating income (NOI) of $139,764. This is a turnkey investment with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.