Dollar General for Sale in Sallisaw, OK
Sallisaw, OK
Key Investment Metrics
Price
$1,324,430
Cap Rate
6.5%
Net Operating Income
$86,088
Building Size
10640 SF
Land Area
1.89 Acres
Remaining Term
11.1 years
Lease Expiration
08/31/2037
Lease Term
15 years
Lease Commencement
08/23/2022
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2022
Tenancy
Single
Rent Increases
In Option Periods
Property overview
Dollar General in Sallisaw
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,640 SF
- Land area
- 1.89 acres
- Year built
- 2022
- Lease type
- Absolute NNN
- Lease expiration
- 08/31/2037
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.