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29127192
29127193

803 N Hoy St, Buffalo, OK 73834

BB
OK 177814, OH BRK.200900214 (+21)
Bang Realty
CP
TX 739475
Trinity Real Estate Investment Services
MS
TX 767226
Trinity Real Estate Investment Services
Listed by Bang Realty, Trinity Real Estate Investment Services
$758,825
148 days on market
Updated 31 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,100
Units 1
Cap Rate 8.5%
NOI $64,500
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+3)
Lease Type NN
Lease Term 25.2
Lease Expiration 10/30/2033
Remaining Term 7.4
Rent Bumps Yes
Lease Options Three (3), 5-Year; 10%
Price per SqFt $83
Year Built 2008
Acreage 0.500
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 08/31/2008

Retail | 8.5% CAP | 9,100 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Dollar General in Buffalo, OK. The subject property is a low price point Dollar General with NN lease and minimal landlord responsibilities. It has great visibility and easy access on main thoroughfare in Buffalo.

Property Website: https://trinityreis.com/listing/803-n-hoy-st/

In Cooperation With Brian Brockman at Bang Realty-Oklahoma Inc | OK #177814 | [email protected] | (513) 898-1551

Investment highlights

  • Low Price Point Dollar General With 7.5+ Years Remaining in Current Term

  • NN Lease With Minimal Landlord Responsibilities, Only for Roof, Structure and Parking lot

  • Brand New Roof Installed in 2018

  • Large Concrete Parking Lot - Corner Lot With Ample Parking Space and Multiple Points of Entry

  • 9,100 Square Foot Prototype - Wide and Shallow Floor Plan

  • Minimal Local Competition With the Nearest Dollar General Over 20 Miles Away

  • Great Visibility and Easy Access on Main Thoroughfare in Buffalo

  • Corporately Guaranteed Lease, Dollar General Operates 20,000+ Stores Nationwide

Listing Contacts

BB
OK 177814, OH BRK.200900214 (+21)
Bang Realty
CP
TX 739475
Trinity Real Estate Investment Services
MS
TX 767226
Trinity Real Estate Investment Services
Listed by Bang Realty, Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$64,500.00
$5,375.00/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Brian Brockman
License
177814
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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