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22428 County Road 230
Morrison, OK 73061

$1,909,000 USD

General Retail For Sale  •  10,566 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,566 SF
  • Lot Size 1.41 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
0 Walk Score

Highlights

Brand-new 15-year lease featuring 5% rental increases every 5 years throughout the base term and options
2025 build-to-suit construction Dollar General prototype
The lease is backed by a corporate guaranty from Dollar General, #108 on the Fortune 500 list of companies
Absolute net lease structure features zero Landlord expense or maintenance obligations, providing an investor with a truly “hands-off” investment
The company features an investment grade S&P credit rating of BBB, which has been raised five times since 2009
Affluent DG submarket – average household incomes of $93,000 within a 5-mile radius of the subject property

Property Flyers

Cap Rate: 7.00 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE