Property Name
Dollar General - Yale, OK
- Location
-
209 W Chicago Ave
Yale, OK 74085 - GLA
-
9,031 SF
Description
SHOP Companies is pleased to present the opportunity to acquire a corporately-guaranteed Dollar General in Yale, Oklahoma. The property is subject to a NN lease with one (1) remaining five-year renewal option, providing a future Landlord the opportunity to renegotiate lease terms, including rent, at the conclusion of the current option period.
- Guaranteed by Dollar General Corporation (S&P: BBB)
- Established Operating History with Tenant Operating at this Location Since 2008, Reflecting a Proven Trade Area and Long-Term Commitment to the Site
- With Only One Renewal Option Remaining, Ownership Will Have the Opportunity to Renegotiate Lease Economics at Expiration, Offering Upside Potential Beyond Current In-Place Rent
- Low Rent Deal Provides a Conservative Basis Relative to Typical Dollar General Store Sales Performance, Supporting Continued Occupancy and Renewal Likelihood
- The Only Essential Goods Provider in Yale, Oklahoma
- Strategically Positioned Along W Chicago Ave / State Highway 51, Providing Convenient Access and Prominent Visibility Along Yale’s Primary Highway Corridor
- 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)