KW Net Lease Advisors is pleased to present the opportunity to acquire a Brand New, Absolute Net Leased, Corporately Guaranteed, Single-Tenant Family Dollar in Velma, Oklahoma that opened in September 2016. Family Dollar is operating under a 15-Year NNN Lease that features an attractive 10% rent increase built into the primary term. The lease also features 3 (5) Year options with 10% increases at each option.

Location Description:

Velma, Oklahoma is situated between I-44 and I-35 70 miles south of Norman. Family Dollar operates a distribution center just 16 miles west in Duncan, Oklahoma. The site is a strategic expansion for Family Dollar into the Oklahoma market.

Highlights:

>> New Development 15-Year Absolute Net Lease

Sales Info:

>> Cap rate: 6.7%

>> NOI: $96103