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1000 W Gentry Ave

20,590 SF Retail Building Checotah, OK 74426 $2,272,500 ($110/SF) 6.75% Cap Rate

Investment Highlights

  • Prime Commercial Location, Strong Tenant Commitment,
  • Ample Parking, Lake Eufaula Proximity,
  • Turnkey Investment, & Highway Location.
  • Thriving Retail Corridor, Completely Renovated,
  • Low Maintenance Investment, Steady Traffic Flow,

Executive Summary

This fully renovated retail property, leased to Bealls under a 10-year lease agreement, offers a turnkey investment with a strong national tenant. Situated in the heart of Checotah’s thriving commercial district, this single-tenant property combines credit-worthy tenancy with easy, low-maintenance management.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
20,590 SF
Building Class
C
Year Built/Renovated
1985/2024
Price
$2,272,500
Price Per SF
$110
Cap Rate
6.75%
NOI
$153,394
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.98 AC
Opportunity Zone
Yes
Parking
104 Spaces (5.05 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signalized Intersection
  • Air Conditioning

Nearby Major Retailers

Boomarang Diner
Armstrong Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-32-12N-17E-3-007-00
Land Assessment
$38,028
Improvements Assessment
$44,306
Total Assessment
$82,334
  • Listing ID: 34095753

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 1000 W Gentry Ave, Checotah, OK 74426

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