Listing Detail

1624 W Okmulgee St, Muskogee, OK

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Investment Highlights

  • 2020 Brick-faced construction Dollar General with over 12 years of base term remaining on an absolute net lease with five five-year options and 10 percent rent increases at each option

  • Zero landlord responsibility

  • Muskogee is an economic center in eastern Oklahoma with demonstrated commitment from major companies: Paper giant Georgia-Pacific recently announced $50M will be invested into its 640-acre site

  • Located along an arterial with traffic volume over 10,000 vehicles per day

1624 W Okmulgee St

Muskogee, OK

Type: Net Lease
Tenant: Dollar General
List Price: $1,612,000
Lease Type: NNN
Price/SF: $215
Cap Rate: 5.55%

Investment Overview

The Bogie Group of Marcus & Millichap is pleased to present to market the 2019 construction Dollar General located at 1624 West Okmulgee Street in Muskogee, Oklahoma. Dollar General is on an attractive absolute net lease with over 11 years of base term remaining, five five-year options, and 10 percent rent increases at each option. This offering is an excellent opportunity for a 1031 exchange investor or an investor simply looking to acquire an asset with a strong current return and zero landlord responsibility.

Muskogee is an economic center in eastern Oklahoma with demonstrated commitment from major companies: Paper giant Georgia-Pacific recently announced $50M will be invested into its 640-acre site. Dollar General is located along an arterial in Muskogee with traffic volume over 10,000 vehicles per day.


Oklahoma Broker of Record: Timothy Speck, OK License: 149994

Download Offering Memorandum

Exclusively listed by

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Kevin Bettinger

Net Lease Specialist

License: CA 02168242

(424) 405-3868

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Scott Budzenski

First Vice President

License: CA 01989360

(424) 405-3827