FAMILY DOLLAR TREE

1022 East Kerr Boulevard, Wynnewood, OK 73098
$1,612,500

Cap Rate
7.00%
Year Built
2022
Leasable Area
10,500 SF
Term Remaining
±9.75 YRS
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • 2023 built-to-suit construction for Family Dollar Tree
  • 10-Year NN+ lease w/ limited landlord responsibilities
  • The subject property comes with a 20-year transferable roof warranty
  • Tenant responsible for HVAC, CAM, taxes, and insurance
  • Wynnewood is home to Wynnewood Oil Refinery which employees roughly 300 individuals and has the capacity to process ± 75,000 barrels daily
  • Traffic counts exceed 7,000 vehicles daily
  • Five, 5-Year Options with rent increases of $5,250 in Options ($0.50 PSF)
  • Extremely strong corporate-guaranteed lease
  • Attractive average Household income of $75,452 within a 5-mile radius

Broker of Record

  • Kyle Matthews
  • License No. 180759 (OK)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203