1000 W Gentry Ave - Retail FOR SALE


Checotah, OK 74426
$1,948,850 USD
405-840-0600
1000 W Gentry Ave, Checotah, OK for Sale
$1,948,850 USD
Retail - FOR SALE
1/4
null | 8.61% Cap Rate

1000 W Gentry Ave
Checotah, OK 74426


OVERVIEW

Corporate Backed Lease Lease backed by Bealls Inc. — founded 1915, family-owned, 660+ stores across 22 states, with 25 new stores planned for 2026-2027. Contractual Rent Growth A 10% increase on February 1, 2031 lifts Bealls base rent from $153,396 to $168,736, stabilizing at a 9.4% cap rate. Lake Eufaula – Tourist Traffic Located near Lake Eufaula, Oklahoma's largest lake at 102,000 acres — state park 14 miles southwest, plus the Carlton Landing resort town. Established Retail Node Positioned alongside Walmart Supercenter, Dollar Tree, and O'Reilly Auto Parts at the I-40 / US-69 interchange — the dominant retail corridor in McIntosh County. Immediate Yield An 8.61% going-in cap rate delivers $167,796 of in-place income from close. Outparcel Income Mudslingers Coffee is on a ground lease in the parking lot — 10+ locations throughout the Southeast and the only drive-thru coffee option in Checotah.

FOR SALE DETAILS

PRICE

$1,948,850 USD

PRICE/SF

$95 USD /SF

CAP RATE

8.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

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

ASK ABOUT THIS PROPERTY

Samuel DunhamNAI RedMore Info
405-840-0600

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Samuel DunhamNAI RedMore Info
405-840-0600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.