Property Name
Dollar General - Lawton, OK
- Location
-
9508 NW Cache Rd
Lawton, OK 73505 - Price
- $
2,152,000
- NOI
- $
134,561
- Occupancy
-
100%
- Cap Rate
-
6.25%
- GLA
-
9,026 SF
- Lease Type
-
Absolute NNN Lease
- Year Built
-
2026
Description
SHOP Companies is pleased to present the opportunity to acquire an Absolute NNN leased Dollar General in Lawton, Oklahoma. The property is a brand-new construction asset subject to a 15-year Absolute NNN lease with five (5), 5-year renewal options and 5% rental increases every five (5) years.
- Brand-New Construction Dollar General with a 15-Year Absolute NNN Lease
- Guaranteed by Dollar General Corporation (NYSE: DG)
- Established, Affluent Location with Average Household Income of over $134K within 1 Mile and Over 24K People within 3 Miles of the Property
- 5% Rental Increases Every Five (5) Years Throughout the Initial Term and Option Periods
- Located Just Off NW Cache Rd with 7,900+ Vehicles Per Day
- Approximately 2 Minutes from Lawton Marketplace, Featuring National Tenants including Target, T.J. Maxx, Academy, Five Below, Old Navy, Starbucks, and more
- Lawton is Home to Fort Sill, one of the Nation’s Premier U.S. Army Bases, with over 100,000 Military Personnel, Civilians, Family Members, Retirees, and Contractors
- Fort Sill is the State of Oklahoma’s Third-Largest Single-Site Employer and Generates Nearly $2 Billion Annually for the Local and Regional Economy
- Dollar General Corporation (NYSE: DG) Is Comprised of 21,055 Stores Across Multiple Formats
Contact
Will Lightfoot
405-806-7601 (Direct)
405-806-7600 (Office)
Matt Maguire
405-806-7605 (Direct)
405-806-7600 (Office)