Dollar General NNN Property For Sale — Ponca City, OK
Unknown, Ponca City, OK
This Dollar General in Ponca City, Oklahoma, offers an exceptional investment opportunity with a corporate-guaranteed absolute NNN lease, providing zero landlord obligations. The property features a new 15-year lease with five, five-year renewal options, ensuring potential cash flow through 2060. Rent increases by 10% every five years during the option periods. The tenant holds an investment-grade credit rating of BBB/Stable by S&P. Situated on 2.60 acres, the location boasts strong demographics with approximately 25,000 residents and proximity to several major retailers.
- Address: Unknown, Ponca City, OK
- Asking price $1.53M
- 5.65% cap rate
- NOI $86,522
- 15 years remaining
- NNN lease
- Lot size: 2.60 acres
- Rent increases: Every 5 years
- Guarantor: Corporate
Location
This Dollar General property is at Unknown in Ponca City, Oklahoma.
Asset type: Retail