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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31296669
31296668

415 W 9th St, Weleetka, OK 74880

SL
TX 790608
Matthews
JB
TX 688810
Matthews
MW
TX #813709
Matthews
Listed by Matthews
$1,127,141
74 days on market
Updated 62 days ago

Family Dollar | Abs NNN | Weleetka, OK

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 8,320
Cap Rate 8.5%
NOI $95,807
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar, Dollar Store
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 09/30/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options Six, 5-Year Options
Year Built 2016
Buildings 1
Stories 1
Acreage 1.040
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 09/01/2015
Ownership Fee Simple

Limited Competition - the nearest dollar store is over 10 miles away

Investment highlights

Lease & Location Highlights

● 2016 build-to-suit construction for Family Dollar

● Rare Absolute NNN Lease | Zero Landlord Responsibilities

● ±4.50 years remaining on the base term of an initial 15-year lease

● Limited Competition - the nearest dollar store is over 10 miles away

● The subject property is located on the main thoroughfare of Weleetka

● Six, 5-year extension periods all of which include attractive rental increases

Tenant Highlights

● In 2025 Family Dollar was acquired by private equity investors (Brigade Capital Management, Macellum Capital Management, and partners) in a definitive transaction (~$1.0B) aimed at revitalizing the brand as a standalone retailer, distinct from Dollar Tree’s strategy. The new owners are focused on operational turnaround, brand investment, and tighter portfolio optimization.

● Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient tenant, positioned for sustained growth in the years ahead.

● With roughly 8,000+ locations across the U.S., Family Dollar delivers widespread physical access to core grocery and household categories. Its neighborhood-centric footprint positions it as a convenient, quick-trip destination for budget-minded consumers.

Listing Contacts

SL
TX 790608
Matthews
JB
TX 688810
Matthews
MW
TX #813709
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,807.00
$7,983.92/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Kyle Matthews
License
License NO. 180759, 180760 (OK)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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