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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11378 Ok-3 Lane, OK 74555

9,026 SF 1 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, 9,026 square foot Dollar General store located at 11378 OK-3, Lane, OK 74555. Built in 2017, this property boasts a strong 7.5-year remaining lease term (expiring 05/31/2032) with four, five-year renewal options, providing long-term stability. The absolute NNN lease structure minimizes landlord responsibilities, while the corporate guarantee from Dollar General Corporation (NYSE: DG), a Fortune 500 company with a strong credit rating (S&P BBB, Moody's Baa2), ensures consistent cash flow. The property enjoys a 100% occupancy rate, generating a substantial net operating income (NOI) of $76,224 and a compelling 5.30% cap rate. Situated on a one-acre lot, this well-maintained building benefits from minimal competition from other national dollar store chains within a ten-mile radius. The asking price is $1,438,189, translating to $159.34 per square foot. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential. The property's resilience during the pandemic, demonstrating a 21.5% net sales increase for the tenant, further underscores its investment strength.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 9,026 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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