Technical
Financial
Distress signals
Property profile

1000 E Main St Boise City, OK 73933

FOR SALE
Outlet malls
Property ID
US69-2053307
9,175 SF 1.03 ac lot Built 2010
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This fee-simple retail property in Boise City, Oklahoma, offers a compelling investment opportunity. The 9,175 square foot building is 100% occupied by a Dollar General store under a triple net (NN) lease with a corporate guarantee, providing limited landlord responsibilities. The lease commenced July 1, 2024, and has a remaining term of 5.4 years, with three 5-year renewal options, each including a 10% rent increase. The property boasts a strong 8.25% cap rate and an NOI of $86,400, generating significant cash flow. Built in 2010, the property sits on a 1.03-acre lot with 33 parking spaces and is zoned for general commercial use. Its prime location at 1000 E Main St, next to a Loves Truck Stop, ensures high visibility and traffic. The property benefits from Dollar General's national insurance program and a 20-year operating history in the area, with no direct competition within a 30-mile radius. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment with significant long-term potential. The APN is 0050-00-D08-020-0-000-00. The asking price is $1,047,000.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2010
Total area 9,175 SF
Lot 1.03 ac (45,000 SF)
APN 0050-00-D08-020-0-000-00
UPID US69-2053307

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1000 E Main St Boise City, OK 73933
Boise City metro Census 950300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2013
1 recorded transaction
2013
$875,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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