Cap Rate
7.35%
Tot. SF
10,000
7116 Northwest Expy, Oklahoma City, OK, 73132
DOLLAR TREE$1,752,686
Key Information
Year Built
2011
Term Remaining
±3.75 YRS
Type
Retail
NOI
$128,822
Highlights
- 2011 Built-to-Suit for Dollar Tree
- ±3.75 Years remaining on an initial 10-Year
- Corporately guaranteed lease
- Five, 5-Year renewal options all of which include a $.50/SF rent increase
- 5-Mile population of 181,576 residents
- Traffic counts in excess of 62,378 vehicles daily at the intersection of Northwest Expy & Rockwell Ave
- Average household income of $95,366 annually
- Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
- Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same store sales/profitability
- Investment Grade Credit Tenant – S&P Rated BBB
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Kyle Matthews
License # 180759 (OK)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203