912 South Coblake Street, Apache, OK
Retail for Sale - $397,475 - 9,180 Sq. Ft. on 2 acres
Property Info
CIMLS# | 646871 |
Location 912 South Coblake Street Apache OK 73006 | |
Updated | July 18th, 2017 |
Type | Retail |
Price | $397,475 |
Building | 9,180 Sq. Ft. |
Land | 2 acres |
Property Description
Well established store who renewed their lease early. Over sized 2 acre site with potential for further development.
Dollar General is the largest discount retailer in the United States by number of stores with over 10,700 neighborhood stores in 40 states. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering quality private and national branded items that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at everyday low prices in convenient neighborhood stores. Dollar General is among the largest retailers of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills, Nabisco, PepsiCo and Coca-Cola.
Location Description:
Directly fronting Hwy 281 about 45 minutes from Oklahoma City.
Highlights:
>> Established Location
>> Corporate Lease
>> Over Sized 2 Acre Parcel
>> One 5 Year Option with 26% Rent Increase
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Financials
Sales Info:
>> Cap rate: 7.0%
>> Commision split: 3.0%
>> NOI: $31798