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11378 E Hwy 3
Lane, OK 74555

$1,438,189 USD

Freestanding For Sale  •  9,026 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,026 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 2017
  • Cap Rate 5.30 %
  • Tenancy Single
  • Zoning C-1
0 Transit Score
15 Walk Score

Highlights

CORPORATE GUARANTY: LEASE IS GUARANTEED BY DOLLAR GENERAL CORPORATION (NYSE: DG)
COVID-19 PROOF INVESTMENT: Since the beginning of the pandemic, Dollar General Corporation has experienced a 21.5% net sales increase
NEWER CONSTRUCTION: 2017 Build-to-Suit for Dollar General
ABSOLUTE NNN LEASE: Virtually no Landlord Responsibilities
MINIMAL DOLLAR STORE COMPETITION: Closest national Dollar Store chain is over 10 miles from subject property
Cap Rate: 5.30 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 9,026 SF 5/31/2032
Max Lippitt 248-351-2086 Landmark Commercial RE Services
Max Lippitt 248-351-2086 Landmark Commercial RE Services