Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Reasor's, an owned subsidary of Brookshire , operates 18 locations throughout NE Oklahoma and their lease is guaranteed by Associated Wholesale Grocer
  • Diverse Tenant Mix: Garrett Creek Shopping Center has a diverse and stable tenant mix adverse to replacement with on-line shopping
  • Reasor's has positive sales trends at this location with a low rent-to-sales ratio.
  • Strategically located along Highway 169 and Highway 20

Executive Summary

Garrett Creek Shopping Center is a 104,081 square foot grocery anchored center. Originally built in 2007, the center is strategically located along Highway 169 and Highway 20 to serve the Owasso, Collinsville, Oologah and Claremore communities. The center, which is 98% leased is anchored by Reasor’s with a 79,216 square foot grocery store. The remaining center is comprised of small shop medical, retail and restaurant users ranging in size from 1,250 square feet to 4,955 square feet. With limited in-line retail space in the submarket coupled with the continued housing growth, Garrett Creek
Shopping Center is a stable investment offering with upside in rents from the small shop tenants.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
108,838 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$21,535,513 CAD
Price Per SF
$197.87 CAD
Cap Rate
6.91%
NOI
$1,488,104 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.18
Lot Size
13.81 AC
Zoning
CS - Service Commercial
Parking
623 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
712’ on US-169

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Storage Space
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • -
  • -
  • -
  • Jan 0000

A-J Tag Agency operates as a full-service Oklahoma tag agency serving customers through motor vehicle, driver license, and other state services. The business handles title and registration work, driver license services, notary service, boat and motor registration, DMV records, voter registration, fax and copy service, and an authorized PIKEPASS issuance program. Online tools support vehicle tag renewals and related pre-registration steps for recently purchased vehicles, giving the company a mix of in-store and digital service channels.

  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1963, Reasor's was born with a store in Tahlequah, Oklahoma by Larry Reasor. He had one fundamental idea, "Sell the customers items they want to buy, not what we want to sell them." This is a simple concept, but most retailers just never caught on to the idea of putting customers' needs first. Larry Reasor started an Oklahoma tradition back then, which continues today. Reasor's originally was family owned until 2007, when it became an employee owned company. Today, Reasor's has 17 locations and one convenience store and employs over 2,000 people in Northeastern Oklahoma. As a growing company, Reasor's focus is customer service. Most anyone can sell groceries, but not everyone delivers the service. Reasor's strives to carry on the ideals set forth by Larry Reasor in that small grocery store in Tahlequah all those years ago. A focus on delivering exceptional service and quality products to each customer that comes through their door.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration - - - Jan 0000
Retailer - $9.99 Lorem Ipsum Jan 0000
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100

Nearby Major Retailers

Dutch Bros
Walmart Neighborhood Market
Taco Bueno
Burn Boot Camp
Starbucks

Property Taxes

Property Taxes

Parcel Number
61134-14-09-24230
Land Assessment
$499,215 CAD
Improvements Assessment
$1,236,104 CAD
Total Assessment
$1,735,320 CAD
  • Listing ID: 40889213

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 11550 N 135th East Ave, Owasso, OK 74055

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}