Dollar General
Dollar General
1504 N Yale Ave, Tulsa, OK 74115 *Representive Site Photo
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Property Summary
  • Price: $1,700,000
  • CAP Rate: 5.00% 
  • Leasable Area: Approxaimately 9,026 SF
  • Status: Available
  • Lease Type: Triple Net (NNN)
  • Lease Term Remaining: 13 Years 
  • Guarantee: Corporate
  • NOI: $85,000 / Year
Investment Highlights
  • 13 Year Corporate Guaranteed Lease | Ideal, Management free investment for passive investor

  • Strong Corporate Guarantee | Dollar General has over 18,000 locations have been in business since 1939

  • High Traffic Area 20,000 Vehicles Per Day| Located 2 Miles from Downtown Tulsa, OK adjacent hard signal corner

  • Strong Demographics | Tulsa has the largest school district in Oklahoma. Tulsa is also the second largest city in the state. Tulsa is the home to the headquarters to many multi-billion dollar companies such as, Imperial, QuikTrip, Vanguard Car Rental, and Metals

  • Strong Company Performance | Dollar General is the 16th largest retailer in the world with 2022 first quarter sales rising Dollar General is the largest U.S. retailer by store footprint, currently operating more than 18,000 stores in 47 states in the continental U.S. with approximately 75 percent of the U.S. population residing within five miles of a Dollar General store.

  • Neighboring Tenants: Fastop Gas, Uhaul, Pizza Hut, Popeyes,  Tulsa Airport, and many local industrial businesses

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Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

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The Naran Group of Marcus & Millichap is a net lease investment group. Marcus & Millichap is the most dominant brokerage group in the country with more than 80+ offices and nearly 2,000 agents throughout the US and Canada. Marcus & Millichap currently closes more transactions than any other firm.