Dollar General for Sale in Lawton, OK
Lawton, OK
Key Investment Metrics
Price
$2,722,400
Cap Rate
6.0%
Net Operating Income
$163,344
Building Size
12687 SF
Land Area
1.96 Acres
Remaining Term
13.3 years
Lease Expiration
10/31/2039
Lease Term
15.1 years
Lease Commencement
10/01/2024
Lease Type
Absolute NNN
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
5% Every 5 Years
Property overview
Dollar General in Lawton
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 12,687 SF
- Land area
- 1.96 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 10/31/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.