Sands Investment Group is pleased to exclusively offer for sale a portfolio of ten fee simple Dollar General locations located in Oklahoma, Illinois (x2), Indiana (DG Market), South Carolina, Florida (x2), Alabama, and Mississippi (x2). Each location offers an absolute triple net (NNN) lease with primary lease term of 15 years. The average remaining primary lease term of the portfolio is 12.8 years. All 10 locations are new buildings with completion of construction occurring between Aug 2011 and Dec 2012. Eight of the 10 locations offer base rent amount increases in year 11 of the lease. All 10 locations offer 10% increases in the option periods. Each location is situated in a community that offers population and household income demographics that are ideal for Dollar General. The portfolio features existing CMBS debt at a 4.24% interest rate, 30 year amortization, maturing on Jan. 1, 2018. The investor will make a down payment of $7,278,490. This allows the investor to capitalize on positive financial leverage that increases the current return to a 7.03% cash on cash return. Additionally, principal reduction at the end of each year will realize a 9.39% total return.
SELLER MUST SELL NOW! $12.95/sf. EXCELLENT INVESTOR/USER OPPORTUNITY!. Occupancy killed by reconstruction of I-44 and the access road. That is mostly complete and no long hinders access. Southwest style architecture. Requires some rehab and some renovation - estimates range to $2M depending on new owner's plans. 3 levels. Separate entrances on the east, west and south fronts, excess parking for all areas. IDEAL CORPORATE HEADQUARTERS, OFFICE, SCHOOL, MEDICAL. ODOT reports that this area of Skelly Drive will not be disrupted during the remainder of the I-44 expansion/construction. For more information, please contact Dean Lewis OR Danny Overton at NAI Petrous.us. 918-808-7836. TIME TO GET SERIOUS ABOUT THIS INVESTMENT/GROWTH OPPORTUNITY.
NEW PRICE REDUCTION! Quality and well maintained Multi-tenant 2 Building Office Complex. Consistent occupancy levels with current 97.5%. Strong local tenant mix with 1 - 3 year lease terms. Single story steel frame with wood/stucco construction in 1971/remodeld in 2000/2005 with new roof, HVAC, lighting, windows and doors. Zoned CH and CS. 68 parking spaces on a 47,600 sf land site (1.09 ac). Long standing ownership has provided professional management and maintenance to the Property since 1990's. Detailed financials and Offering Memorandum available upon request. Perfect for local investor looking for tenant stability, consistent rent growth and high occupancy levels.
THE PRICE FOR THIS PROPERTY HAS NOW BEEN CUT TO $2.5M. The 3000 Center is 2-stories, new elevator, recent interior and exterior upgrades, attractive office building along the north side of the I-44 corridor. ODOT has completed its improvement of this part of Skelly Drive. Leased at competitive rates. Bright and attractive interior. All systems updated and in excellent condition. Structure and land are owned fee-simple
NOW AVAILABLE AT THIS LOWERED PRICE! The 3100 Center is a 6-story, elevatored office building. Well-maintained. Attractive interior throughout. All systems updated. Fiber optics and broadband available along with ATT DSL. Ideally situated along the north side of the I-44 corridor. And, ODOT has finished their improvement work on Skelly Drive. Well-leased at competitive rates. This property is in excellent condition. At the new reduced price, it's an outstanding investment opportunity.
COMPLETELY RENOVATED. 97% LEASED. 5-story office building. 33,176sf on 1.08 acre. Exterior upgraded with new stucco surface, new windows, new HVAC thru entire building, new package units to service 5th floor. Marble entry lobby with medallion, new wallcoverings, crown moldings. Marble lobbies on each floor with custom wallcoverings. Restrooms renovated with new fixtures, granite floors and counter tops. Elevator remodeled. Excess parking. For more information and a showing, please call Dean Lewis or Danny Overton at NAI Petrous.us. (918) 745-1133.
LOTS FOR SALE OR LEASE. Lot sizes can be structured to fit the user. Owner will develop with access streets, RR crossings and make utilities available to each site. Located on E 41st Street between S Sheridan and S Memorial. Quick access to the BA Expressway, I-44 and Hiway 169.
Strong building in a strong location near Tulsa International Airport. An area of light industrial and office facilities. This building is 22,722 square feet on 2.06 acres. 9,676 square feet of the total is office. (see the photos). 100% AC, 2 OHdoors (more can be added) - 1 dock well, 1 grade level. The surfaced parking lot is striped for 68 vehicles. Active security system.
$50,000 PRICE CUT. SELLER SAYS SELL IT! MAKE YOUR OFFER. NOW LISTED AT ONLY $23.19/SF. Excellent building and location for small tenants. The Seller's business activities are focussed elsewhere. This property needs little more than management and marketing. At the door parking with 60 marked spaces. Driveway entries from S Memorial and 16th. Monitored security with cameras. Recent roof and numerous interior upgrades. Ceramic tile entries, recent paint, wall coverings and crown moldings. Suites from 300sf to 2,500sf; floor plan allows for various combinations.