For Sale
$2,321,000

12323 Pennsylvania AveOklahoma City, OK 73170

Brand new, 10,000 SF Dollar Tree, strong lease.

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Dollar Tree located in Oklahoma City, Oklahoma, at 12323 S Pennsylvania Ave, zip code 73170. The property sits on a 1.55-acre lot and boasts upgraded construction, featuring hard panels instead of metal siding, representing a superior build compared to other Dollar Tree locations. Secured by a 10-year net lease with a corporate guarantee from Dollar Tree Inc. (NYSE: DLTR), a Fortune 500 company with an investment-grade credit rating of BBB (Stable outlook from Standard & Poor's), this offering provides exceptional financial stability. The lease commenced February 1st, 2025, and includes four, five-year renewal options with 10% rent bumps. The property generates a strong net operating income (NOI) of $162,500, resulting in a 7.00% cap rate. This prime location benefits from a dense population

Highlights

  • Brand-new, 10,000-square-foot Dollar Tree in Oklahoma City, OK.
  • Located on a 1.55-acre lot at 12323 S Pennsylvania Ave, zip code 73170.
  • Features upgraded construction with hard panels.
  • Secured by a 10-year net lease with four, five-year renewal options and 10% rent bumps.
  • Corporate guarantee from Dollar Tree Inc. (NYSE: DLTR), investment-grade credit rating (BBB).
  • Strong NOI of $162,500 and a 7.00% cap rate.

Property Details for 12323 Pennsylvania Ave

Property type
Retail properties, Retail space
Square Feet
10,000 SF
Year Built
2024
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Oklahoma City
County
Cleveland
State
Oklahoma
Latitude
35.344637371832
Longitude
-97.547693671958
12323 Pennsylvania Ave, Oklahoma City, Oklahoma

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12323 Pennsylvania Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message