Contacts
John Andreini
CP Partners
(415) 274-2715
Property Details
- Property Type Retail - Freestanding
- Property Size 10,566 SF
- Lot Size 1.55 Acre
- Property Tenancy Single Tenant
- Year Built 2023
- Date Updated Mar 14, 2024
-A corporate absolute NNN Dollar General with over 14 years remaining in the primary term and five, 5-year options to extend the lease at increased rents. The tenant is the country’s largest small-box discount retailer with over 19,900 stores nationwide.
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Highlights
- Brand-new 15-year lease with extremely rare 5% rental increases in the base term and options
- The lease is backed by a corporate guaranty from Dollar General, #108 on the Fortune 500 list of companies
- Absolute NNN lease structure features zero Landlord expense obligations, providing an investor with a truly “hands-off” investment
- Dollar General generated $38.7 billion in 2023 fiscal year sales and a net income of $1.7 billion
- Dollar General currently operates over 19,900 stores in 47 states, making it the country’s largest small-box discount retailer
- The company features an investment grade S&P credit rating of BBB, which has been raised five times since 2009
Attachments
Getting around
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34/100
Walk Score ®
-
35/100
Bike Score ®
Powered by Walk Score ®
Location
- City Wister, OK
- Neighborhood Wister
- Zip Code 94966
Points of Interest
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EZ Mart
5.07 miles
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Buds Country Junction
7.14 miles
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KFC
8.90 miles
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McDonald's
8.90 miles
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Villas Tortilleria
8.91 miles
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Sonic
8.93 miles
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Pizza Hut
9.05 miles
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Western Sizzlin'
9.22 miles
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Arby's
9.30 miles
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Marvins
7.69 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
John Andreini
CP Partners
(415) 274-2715