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Garret Creek Center 11550 N 135th East Ave 108,838 SF 100% Leased 4-Star Retail Building Owasso, OK 74055 $21,535,513 CAD ($197.87 CAD/SF) 6.91% Cap Rate



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
Shopping Center is a stable investment offering with upside in rents from the small shop tenants.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
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
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.
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 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 61134-14-09-24230 | Improvements Assessment | $1,236,104 CAD |
| Land Assessment | $499,215 CAD | Total Assessment | $1,735,320 CAD |
Property Taxes
Presented by
Garret Creek Center | 11550 N 135th East Ave
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