1000 W Gentry Ave - Retail FOR SALE
Checotah, OK 74426 |
248-227-3611
1000 W Gentry Ave
Checotah, OK 74426
HIGHLIGHTS
- 1000 W Gentry Avenue is a 20,590-square-foot general retail building fully occupied on a new 10-year lease by reputable tenant, Bealls.
- Exceptional positioning by Walmart Supercenter, on the main arterial route in Checotah, US 266, just off the US 69 exit, with exposure to 8,000 VPD.
- Compelling opportunity for a durable, in-place cash stream with predictable growth through contractual rent escalations and multiple renewal options.
- Favorable terms with minimal landlord responsibilities due to the double net (NN) lease structure, with most property expenses paid for by the tenant.
- Well-established in an energetic, synergistic retail hub, benefiting from heavy co-traffic from nearby businesses, such as McDonald’s and Atwoods.
- Passive Income Opportunity with 10% Rent Increases.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
10-Year Net Lease | 10% Rent Increases
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
104
LAND DETAILS
LAND ACRES
1.98 AC
LAND SF
86,249 SF
ZONING
-
APN/PARCEL ID
0000-32-12N-17E-3-007-00
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248-227-3611
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248-227-3611
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