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America's Car Mart 1501 W Shawnee St

5,378 SF Retail Building Muskogee, OK 74401 $1,709,034 ($318/SF) 7.25% Cap Rate

Retail Space Oklahoma Muskogee 1501 W Shawnee St, Muskogee, OK 74401

Investment Highlights

  • Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
  • Corporate Guarantee (154+ Units)

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1501 W Shawnee St in Muskogee, Oklahoma. The site consists of roughly 5,378 rentable square feet of building space on estimated 1.86-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $123,905 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,378 SF
Building Class
C
Year Built
2009
Price
$1,709,034
Price Per SF
$318
Cap Rate
7.25%
NOI
$123,905
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.86 AC
Zoning
F
Parking
9 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
180 FT on U.S. 62

Amenities

  • Signage
1 of 1
1501 W Shawnee St, Muskogee, OK - aerial map view

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13031
  • 51916
 Improvements Assessment $44,645
Land Assessment $14,646 Total Assessment $59,291

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13031
  • 51916
Land Assessment
$14,646
Improvements Assessment
$44,645
Total Assessment
$59,291
(332) 345-4222

  • Listing ID: 29600422

  • Date on Market: 9/22/2023

  • Last Updated:

  • Address: 1501 W Shawnee St, Muskogee, OK 74401

More public record information on 1501 W Shawnee St, Muskogee, OK 74401

The Retail Property at 1501 W Shawnee St, Muskogee, OK 74401 is currently available For Sale. Contact NNN Pro Group for more information.

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1501 W Shawnee St, Muskogee, OK for sale Building Photo- Image 1 of 3
ACM_rep
1501 W Shawnee St, Muskogee, OK for sale Aerial- Image 2 of 3
ACM_MuskogeeOK_aerial

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America's Car Mart | 1501 W Shawnee St
(332) 345-4222 x

America's Car Mart | 1501 W Shawnee St

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Francis Purritano

(332) 345-4311

(332) 345-4311

Walker Stevens

(332) 345-7742

(332) 345-7742

Carlton St Bernard

(332) 345-4986

(332) 345-4986

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