Dollar General (Low Rent-to-Sales)

Dollar General (Low Rent-to-Sales)

Lawton, OK

Lawton, OK

Dollar General (Low Rent-to-Sales)

Offered for sale is an 8,000 SF Dollar General on 0.76 acres in Lawton, Oklahoma. Dollar General has operated at the site since 1999, renovated the store in 2024 and extended its double net lease early through January 2033. This is its fifth lease extension. Based on 2025 sales, extended-term rent equals approximately 3 percent of sales. The store sits near the signalized intersection of SE 45th Street and SE Lee Boulevard (combined 22,384 VPD), approximately 5 miles from Fort Sill.

Price $730,000
Cap Rate 8.00%
Building Size 8,000 sqft
Lot Size 0.76 acres
Year Built 1999
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Early Lease Extension Through January 2033 | Five Lease Extensions to Date
  • 27-Year Operating History | Renovated in 2024 With Dollar General’s Latest Exterior Signage
  • Low Rent-to-Sales Ratio of Approximately Three Percent
  • Near the Signalized Intersection of SE 45th St and SE Lee Blvd (Combined 22,384 VPD)
  • $94,516 Average Household Income Within 3 Miles | Near Central Plaza Lawton, the City’s Largest Retail Center (526K SF)
  • Additional Income From On-Site Office Space
  • Fort Sill Generates $1.9 Billion in Annual Economic Impact | Approximately Five Miles From the Property
  • Recent Development Includes Goodyear’s Largest North American Tire Plant (2,559 Employees) | $320 Million Expansion

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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