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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

411 Pkwy Ln Wardville, OK 74546

10,640 SF 1.5 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 10,640-square-foot Dollar General Plus grocery store in Haileyville, Oklahoma. The property, built in 2022, sits on a 1.5-acre lot at 411 Parkway Lane, and is currently 100% occupied under a 15.1-year absolute NNN lease with Dollar General. The lease commenced July 15, 2022, and expires July 31, 2037, leaving a substantial 12.7 years remaining. The lease includes four, five-year renewal options with 10% rent increases in each. The asking price is $1,433,000, representing a price per square foot of $134.68 and a 6.25% cap rate based on a current Net Operating Income (NOI) of $89,556. Dollar General, a credit-rated tenant, provides significant stability and long-term income potential. This build-to-suit property offers a compelling combination of a strong tenant, a long-term lease, and attractive financial metrics, making it an ideal addition to any diversified portfolio. The property's location in Pittsburg County, Oklahoma, further enhances its appeal.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2022
Total area 10,640 SF
Lot 1.5 ac (65,340 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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