1414 Main St Guymon, OK 73942
This exceptional investment opportunity features a 9,026-square-foot Dollar General store located at 1414 N Main St, Guymon, OK 73942. The property, classified as Class C retail, operates under a Net Lease (NN+) agreement with a single tenant, Dollar General, boasting 100% occupancy since March 16, 2011. The current lease commenced March 11, 2011, and has a remaining term of 10 years, with five additional renewal options, each including a 10% rent increase. The asking price is $1,375,000, translating to a price per square foot of $152.34 and a compelling 6.45% cap rate based on a Net Operating Income (NOI) of $88,667. The property sits on a corner lot in Guymon, Oklahoma, within close proximity to other national retailers. The roof was recently replaced less than a year ago, minimizing landlord responsibilities and ensuring long-term operational efficiency. This is an ideal investment for those seeking passive income generation with a strong, established tenant and significant lease term remaining. The seller is open to discussing creative financing options.
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
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.