1307 Main St Stigler, OK 74462
Exceptional investment opportunity: a brand-new, 10,000 square foot Dollar Tree store located at 1307 E Main St, Stigler, Oklahoma, 74462. This property boasts a strong 7.65% cap rate and a new 10-year net lease with a corporate guarantee from Dollar Tree Stores, Inc., a Fortune 500 company. The lease commenced August 31st, 2024, with rent commencing July 30th, 2034, and expiring August 30th, 2034, leaving a remaining lease term of approximately 9.8 years. The asking price is $1,886,000, translating to $188.60 per square foot. The property sits on a 1.15-acre lot and benefits from a prime location directly across from a Walmart Supercenter and McDonald's, with a new Taco Bell and Ace Hardware adjacent. This is a single-tenant, 100% occupied building constructed in 2024. The Net Operating Income (NOI) is $144,300. The lease includes $.50/SF rent bumps in the option periods, offering further potential for increased returns. This is a rare opportunity to acquire a high-quality, net-leased retail property anchored by a financially stable, investment-grade tenant in a strong retail corridor. The lease features four, five-year options. This presents a compelling investment opportunity with significant long-term growth 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
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.