Property Name

Dollar General - Lawton, OK

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