500 Main St, Fairfax, OK 74637

10,500 SF | Retail Building | Fairfax, OK 74637 | $1,820,000 ($173/SF) | 7.50% Cap Rate

Asking Price $1,820,000

Property Type: Retail
Square Feet: 10,500 SF
Price / Square Foot: $173

Listing Contacts

Property Info

Property Overview

Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Serving North America for more than 63 years, Dollar Tree, Inc. provides customers with quality merchandise, amazing values, convenience, and a fun shopping experience. The Company operates over 16,000 stores in 48 U.S. states and five Canadian provinces, supported by more than 200,000 associates.
Fairfax is a town in Osage County, Oklahoma, home to more than 1,100 residents. Located 28 miles southwest of Pawhuska and 32 miles southeast of Ponca City, Fairfax is located within the Osage Nation Reservation. Rural Wellness Fairfax Hospital serves Fairfax and its surrounding communities. The hospital underwent a $5 million expansion that included additional healthcare training for staff and new equipment.

Property Details

Year Built: 2024
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 41,818 SF

Highlights

Brand New 10-Year Corporate Lease - Family Dollar and Dollar Tree Combo Store
Rental Increases Occurring in Each Renewal Option Period
New High Quality 2024 Construction
Family Dollar / Dollar Tree Combo Stores Average 20 Percent More in Sales than Traditional Family Dollar Locations
Property Will Have a 20 Year Roof Warranty
Limited Competition - Subject Property is One of Two Discount/Dollar Stores within a 20- Mile Radius

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