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33798028
33798021

306 E Poplar Street, Fort Gibson, OK 74434

JB
TX 688810
Matthews
Listed by Matthews
$1,661,471
6 days on market
Updated 6 days ago

Family Dollar | 8.50% Cap | 2024 Build

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,500
Cap Rate 8.5%
NOI $141,225
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree, Family Dollar
Lease Type NN+
Lease Term 10.1
Lease Expiration 03/31/2034
Remaining Term 8
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2024
Acreage 2.170
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 03/07/2024
Ground Lease No
Ownership Fee Simple

Corporate Guaranty | 8-Years Remaining on Lease

Marketing description

Matthews™ is pleased to exclusively offer this exceptional opportunity to acquire a brand-new, single-tenant Family Dollar property located in Fort Gibson, Oklahoma. This 2024 build-to-suit facility represents an attractive 8.50% return for a stabilized investment with a corporate guarantee from Family Dollar. The property features approximately 8 years remaining on the base term of an original 10-year lease with NN+ lease structure where the landlord is responsible only for roof and structure.

Fort Gibson is strategically positioned 10 miles east of Muskogee in northeastern Oklahoma, with convenient access to Tulsa approximately 54 miles away. The property benefits from a stable rural population base of over 50,981 residents within a 10-mile radius and average household income exceeding $91,955 within 5 miles. The location offers limited essential-based retail competition, making this Family Dollar a primary destination for everyday needs in the community.

In 2025, Family Dollar was acquired by private equity investors (Brigade Capital Management, Macellum Capital Management, and partners) in a ~$1.0B transaction to reposition the brand as a standalone retailer, separate from Dollar Tree. The new ownership is focused on operational turnaround, brand reinvestment, and portfolio optimization. Now operating independently, Family Dollar benefits from fresh capital and experienced retail leadership, supporting store upgrades and improved execution.

Investment highlights

  • Extremely attractive 8.50% return for a stabilized deal
  • New 2024 build-to-suit construction for Family Dollar
  • ±8 Years remaining on the base term of an original 10-Year lease
  • Corporate guarantee from Family Dollar
  • Average household income exceeds $91,955 annually within a 5 mile radius
  • 50,981 residents within a 10-mile radius
  • Fort Gibson is located 10-miles East of Muskogee
  • In 2025, Family Dollar was acquired by private equity investors (Brigade Capital Management, Macellum Capital Management, and partners) in a ~$1.0B transaction to reposition the brand as a standalone retailer, separate from Dollar Tree. The new ownership is focused on operational turnaround, brand reinvestment, and portfolio optimization.
  • Now operating independently, Family Dollar benefits from fresh capital and experienced retail leadership, supporting store upgrades and improved execution. Its value-oriented model and strong community presence position it as a resilient tenant with long-term growth potential.
  • With 8,000+ U.S. locations, Family Dollar offers broad access to essential grocery and household goods. Its neighborhood-focused footprint supports convenient, quick-trip shopping for budget-conscious consumers.

Listing Contacts

JB
TX 688810
Matthews
Listed by Matthews

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,225.00
$11,768.75/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

Map

Zoning

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C-1 CommercialRetail CommercialLocal Commercial District
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Last updated Dec 12, 2025 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kyle Matthews
License
180760
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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