Retail Space / Oklahoma / Watonga / 73772 / 595 S Leach Ave

595 S Leach Ave

Watonga, OK 73772

Family Dollar

Listing ID: 204568

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$1,420,000

For Sale

Property Type Retail for Sale : Free Standing Building
Lot Size Acres 0.000
Building Sq Ft 9,180
Building Price per Sq Ft $154.68

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Description

Family Dollar has a Brand New 10-Year NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options! On July 6, 2015, Dollar Tree (NASDAQ: DLTR | S&P Credit Rating BBB- | Moody’s Baa2 Rating) Completed the Acquisition of Family Dollar, Creating Combined Organization Operating 15,479 Stores Across 48 States & 5 Canadian Provinces as of August 1, 2020, Under the Dollar Tree, Family Dollar & Dollar Tree Canada Brands. This asset is Slated for Completion in January 2021, and Built to Family Dollar’s Latest Prototype.
This Family Dollar has Great Visibility on Russworm Drive (aka US Hwy 281 – Main East/West Thoroughfare), where Traffic Counts Exceed 8,000 CPD! There is limited competition, as it is One of Only Two Dollar Stores in Over a 15-Mile Radius. Nearby retailers include: Dollar General, Tractor Supply Co., NAPA Auto Parts, Watonga Lumber & Hardware, Karl’s Apple Market, Love’s Country Store, Atlas Fitness, Shell, Phillips 66, Feather Warrior Casino; Dining options include: Pizza Hut, Sonic Drive-In, Subway and Godfather’s Pizza Express; 35 miles from Southwestern Oklahoma State University (a public university offering bachelor’s, associate & master degrees with 4,878 students); Less than 1 mile from Mercy Hospital Watonga (a 25-bed critical access hospital serving Blaine County in Western Oklahoma providing complete care such as cardiac care, pediatrics and outpatient surgery).
In Association with Oklahoma Designated Broker: Brian Brockman | Bang Realty-Oklahoma Inc. | OK License #177814
Property Highlights
Brand New 10-Year NN Lease with $0.50 PSF Rental Escalations Every 5 Years in Renewal Options
Slated for Completion in January 2021 and Built to Family Dollar’s Latest Prototype
One of Only Two Dollar Stores in Over a 15-Mile Radius
On July 6, 2015, Dollar Tree Completed the Acquisition of Family Dollar, Creating Combined Organization Operating 15,479 Stores Across 48 States & 5 Canadian Provinces as of August 1, 2020 Under the Dollar Tree, Family Dollar & Dollar Tree Canada Brands
Great Visibility on Russworm Dr (aka US Hwy 281 - Main East/West Thoroughfare) where Traffic Counts Exceed 8,000 CPD!
2020 DEMOGRAPHICS (5-MI): Total Population: 3,459 | Average Household Income: $55,875

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 595 S Leach Ave Watonga, OK 73772

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,165	2,794	3,561
Population Median Age		42	41	41
Population by Age	0-9 Yrs	84 (7%)	214 (7%)	273 (7%)
	10-19 Yrs	108 (9%)	182 (6%)	220 (6%)
	20-29 Yrs	175 (15%)	380 (13%)	471 (13%)
	30-39 Yrs	176 (15%)	565 (20%)	738 (20%)
	40-49 Yrs	143 (12%)	502 (17%)	661 (18%)
	50-59 Yrs	193 (16%)	467 (16%)	599 (16%)
	60-69 Yrs	192 (16%)	268 (9%)	315 (8%)
	70+ Yrs	95 (8%)	217 (7%)	284 (7%)

Median HH Income		$41,125	$42,099	$42,464
Total Household Income	< 24K	145 (24%)	185 (19%)	207 (18%)
	25-49K	246 (41%)	388 (40%)	449 (40%)
	50-74K	95 (15%)	179 (18%)	217 (19%)
	75-99K	43 (7%)	55 (5%)	66 (5%)
	100-199K	66 (11%)	123 (12%)	154 (13%)
	200K+	2 (0%)	19 (2%)	27 (2%)

Highest Education Level	No Diploma	170	570	754
	Diploma or GED	329	864	1112
	Some College	247	501	626
	Assoc. Degree	60	104	124
	Bachelors Degree	54	161	210
	Higher Degree	55	89	106

Total Housing Units		810	1,197	1,392
--Owner-Occupied		305	571	711
--Renter-Occupied		291	379	410
Owner-Occupied Values	< 100K	246	342	401
	100-199K	35	137	183
	200-299K	22	84	112
	300-399K	1	8	13
	400-499K	0	0	0
	500K+	0	0	2

Total Working Age Population		1,008	2,462	3,152
In Work Force		579	913	1,063
Not In Work Force		428	1,549	2,089
Workforce Employed		557	887	1,036
Workforce Unemployed		23	26	26
Civlian Workforce		579	913	1,063
Military Workforce		0	0	0

Total Households		596	949	1,121
Family Households		353	621	748
Non-Family Households		242	328	373
Married Couple		207	416	517
Other Family		146	205	231
Married w/Child		53	144	180
Single Male w/Child		29	32	32
Single Female w/Child		73	91	101

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Oklahoma	3,450,654	+9	3,751,351	+7	4,024,202	+7	4,302,501
Blaine County	11,976	0	11,943	-18	9,814	-1	9,721

Total Working Age Population:

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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