Investment Overview
Open since 1992, the Dollar General at 201 Clayton Ave in Poteau, OK serves as a vital grocer for the area. The 14,000 SF store is leased on a NN lease and currently has over 5.5 Years of remaining Lease Term. Following the expiration of the existing Lease Term, Dollar General retains two (2) additional five (5) year renewal options. Beginning in March of 2027, the base rent will increase to $42,619.56/year. Dollar General is currently paying $2,400/year in CAM charges with no reconciliations. Additionally they reimburse Taxes up to $3,500/year and Insurance up to $2,100/year.
Investment Highlights
- 5.5 Years of Remaining Lease Term
- Two (2) Additional Five (5) Year Options to Renew
- Operating in Current Location since 1992
- NN Lease with CAM, Tax, Ins Reimbursements
- Limited Landlord Responsibilities