524 Fir St Perry, OK 73077
This exceptional investment opportunity presents a 9,100-square-foot Dollar General store located at 524 Fir St, Perry, OK 73077. Built in 2012, the property boasts an absolute NNN lease with an investment-grade tenant (BBB rating from S&P), offering zero landlord responsibilities. The current lease, with three 5-year renewal options, has eight years remaining, demonstrating the tenant's strong commitment. The property generates a substantial NOI of $83,321, translating to an attractive 8% cap rate on the $1,041,516 asking price. Situated approximately 25 miles Northwest of Stillwater, OK, home to Oklahoma State University, this location benefits from a strong population base and convenient access to Stillwater Regional Airport. The property's 100% occupancy and the tenant's proven resilience, even during the COVID-19 pandemic, underscore its stability and long-term income potential. Rent bumps are included in the lease options. This is a rare chance to acquire a passively managed, high-yield retail investment with a blue-chip tenant.
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FedEx OnSite Postal Service Courier Service
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Dollar General Discount Store
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Western Union Bank Credit Union
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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.