Dollar Tree for Sale in Piedmont, OK

Piedmont, OK

RetailBankConvenience StoreGrocery StoreDollar StoreNNNet LeaseFee Simple

Key Investment Metrics

Price

$1,851,000

Cap Rate

7.5%

Net Operating Income

$138,810

Building Size

10500 SF

Land Area

0.939 Acres

Remaining Term

8.7 years

Lease Expiration

08/31/2034

Lease Term

10.0 years

Lease Commencement

08/16/2024

Lease Type

NN

Tenant Credit

Credit Rated

Year Built

2024

Occupancy

100%

Tenancy

Single

Rent Increases

$0.50 PSF rental escalations every 5 years in renewal options

Dollar Tree representative storefront illustrationAI illustration · Not the listed property

Property overview

Dollar Tree in Piedmont

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
10,500 SF
Land area
0.939 acres
Year built
2024
Lease type
NN
Lease expiration
08/31/2034

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. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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