Dollar General | Edmond, OK
For Sale
Dollar General | Edmond, OK
Asking Price: $1,200,000
| Cap Rate: 6.5%
- Net Operating Income: $77,842
- Weighted Avg. Lease Term (WALT): 10 Years
- Lease Type: Absolute Net
Property Highlights
- Ideal property for a 1031 exchange buyer seeking an extremely reliable source of passive income
- 10 Years remaining on initial 15 year Absolute-Net lease; Zero landlord responsibilities
- Corporate guarantee from investment grade tenant; Dollar General (S&P: BBB)
- Recession Resistant Tenant; Dollar General is a premier leader among low price point retailers and thrives in middle America markets where incomes may be modest and population density may be less infill
