Wellston, OK Dollar General
506 E Highway 66
Wellston, OK 74881
Highlights
- Custom Built for Dollar General in 2008
- 2.5+ Years Remaining on Current Lease Term
- (4) Five Year Renewal Options
- 10% Rent Increases at Each Option
- NN ½ Lease – Limited Landlord Responsibility
- CAM Reimbursement of $455/mo.
- All 5 HVAC Units Replaced in Dec. 2022
Description
SVN | Holman Partners is pleased to present a 100% fee simple interest in a Dollar General property located at 506 E State Road 66, Wellston, Oklahoma 74881. The 9,100 SF store built in 2008 is operated on a NN ½ Lease set to expire at the end of August 2025. Included with the 2.5+ years remaining on the lease term is Four (5) Year Options to Renew, with 10% base rent increases at each option. The store is strategically located at the highway intersections of Historic Route 66 and Interstate 44 between Oklahoma City and Tulsa. Dollar General reimburses for Real Estate Taxes and the store is part of the DG National Insurance Program. DG reimburses $455/mo. for CAM expenses. Additionally, all 5 HVAC Units were replaced in December 2022. Dollar General is the largest discount retailer in the United States by the number of stores with over 18,700 neighborhood stores in 47 states. Not to mention they are among the largest retailer of top-quality products made by America's most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg, General Mills, Nabisco, PepsiCo, and Coca-Cola.
Wellston is a town in Lincoln County, Oklahoma that is supported by several strong industries as serving as a bedroom community for Oklahoma City. Wellston and Dollar General are located at the intersection and ramp of Interstate 44 and Historic Route 66 offering convenience for cross country travelers, commuters. Historic Route 66 has close 4,800 Vehicles traveling past Dollar General each day. The Dollar General is located less than 1 mile from the Wellston Elementary School, Middle School, and High School. The subject property has a 4-5 mile service area in every direction, servicing a population of 2,500. The local services combined with the large service area supported by the strong traffic counts make this an excellent location for the Dollar General.
