Retail Space
1900 North Milt Phillips Avenue Seminole, OK 74868
Details & Description
Price: $520,000
    Marcus & Millichap is pleased to exclusively offer for sale the Dollar General located at 1900 N Milt Phillips Ave. in Seminole, Oklahoma. The investment is being offered at $536,000 which represents an 8.25% cap rate.The 8,125 square foot building is in the heart of Seminole, Oklahoma. The double net lease has 4.1 years remaining due to Dollar General exercising their final option to renew which increased their rent by 10%. Landlord responsibilities are limited to roof, structure, and CAM with the tenant responsible for costs of minor repairs up to $500 per occurrence. Tenant supplies $250 per month as sole contribution towards CAM.Seminole is located one hour from Oklahoma City, OK. The subject property is located on Highway 377 which has a traffic count of over 12,000 vehicles per day, the property is surrounded by a variety of national retail tenants and strategically positioned on a corner lot next to a housing subdivision. There are over 2,900 residents with in 1 mile of the Dollar General, and Seminole County is home to over 15,000 Seminoles of Oklahoma.
    Property ID:    275565
    Property URL: melqr.com/275565
    Generated:    03-21-25
    Property Highlights
    Listing Agents
    Daniel Hurd

    O: 813-387-4746
    daniel.hurd@marcusmillichap.com
    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.
    Retail Space / Oklahoma / Seminole / 74868 / 1900 North Milt Phillips Avenue

    1900 North Milt Phillips Avenue

    Seminole, OK 74868

    Listing ID: 275565
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    • 1900 North Milt Phillips Avenue Seminole, OK 74868 | for Sale | Photo 1
    • 1900 North Milt Phillips Avenue Seminole, OK 74868 | for Sale | Photo 2
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    Building Size: 8,125 SF
    Lot Size: 0.200 AC
    Land Size: 8,712 SF
    Building $/SF: $64.00
    Land $/SF: $59.69
    Price
    $520,000
    Property Highlights
    NN Lease- 4.1 Years Remaining
    National Insurance Program
    20 Year Operating History
    Description

    Marcus & Millichap is pleased to exclusively offer for sale the Dollar General located at 1900 N Milt Phillips Ave. in Seminole, Oklahoma. The investment is being offered at $536,000 which represents an 8.25% cap rate.

    The 8,125 square foot building is in the heart of Seminole, Oklahoma. The double net lease has 4.1 years remaining due to Dollar General exercising their final option to renew which increased their rent by 10%. Landlord responsibilities are limited to roof, structure, and CAM with the tenant responsible for costs of minor repairs up to $500 per occurrence. Tenant supplies $250 per month as sole contribution towards CAM.

    Seminole is located one hour from Oklahoma City, OK. The subject property is located on Highway 377 which has a traffic count of over 12,000 vehicles per day, the property is surrounded by a variety of national retail tenants and strategically positioned on a corner lot next to a housing subdivision. There are over 2,900 residents with in 1 mile of the Dollar General, and Seminole County is home to over 15,000 Seminoles of Oklahoma.

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    Seminole Area Market Trends

    Listing Demographics for 1900 North Milt Phillips Avenue Seminole, OK 74868

    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.

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    Common Questions and Answers

    What is the asking price for 1900 North Milt Phillips Avenue in Seminole?
    The asking price for 1900 North Milt Phillips Avenue is $520,000
    What is the building size of this Retail property in Seminole, OK?
    The size of the building/unit at 1900 North Milt Phillips Avenue in Seminole is 8,125 square feet
    How much land does the Seminole, OK property at 1900 North Milt Phillips Avenue include?
    1900 North Milt Phillips Avenue in Seminole includes 0.200 acres of land
    What kind of Retail is the property at 1900 North Milt Phillips Avenue?
    The property at 1900 North Milt Phillips Avenue Seminole, OK 74868 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1900 North Milt Phillips Avenue in Seminole?
    The population within 1 mile of 1900 North Milt Phillips Avenue Seminole, OK 74868 is 2,867 people.
    Who do I contact for questions about 1900 North Milt Phillips Avenue?
    You should contact the listing agent, Daniel Hurd , for any details regarding this commercial listing.

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    Will Rogers World Airport (OKC) 53
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    Price
    $520,000
    Listing Agent
    Daniel Hurd - CRE Agent at

    Daniel Hurd

    Marcus & Millichap

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