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10-Year Net Lease | 10% Rent Increases 1000 W Gentry Ave 20 590 pi² 100% Loué Immeuble de commerce de détail Vente à l’encan en ligne Checotah, OK 74426
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Faits saillants de l'investissement
- 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.
- Compelling opportunity for a durable, in-place cash stream with predictable growth through contractual rent escalations and multiple renewal options.
- Well-established in an energetic, synergistic retail hub, benefiting from heavy co-traffic from nearby businesses, including McDonald’s and Atwoods.
- Exceptional positioning by Walmart Supercenter on US 266, the main arterial route in Checotah, just off the US 69 exit, with exposure to 8,000 VPD.
- Favorable terms with minimal landlord responsibilities due to the double net (NN) lease structure, with most property expenses paid for by the tenant.
- Passive Income Opportunity with 10% Rent Increases.
Résumé de l'annonce
Savills is pleased to offer a single-tenant net-leased Bealls, one of the nation's largest private department store chains with over 650 locations across the country, located at 1000 W Gentry Avenue.
Situated next door to the shadow anchor Walmart Supercenter, this 20,590-square-foot space is just off the busy W Gentry Avenue, the main thoroughfare of Checotah, Oklahoma, seeing 8,000 vehicles per day (VPD). Bealls just signed a new, over-10-year lease, committing to the site through January 2036. There is a 10% rental escalation that will take effect on February 1, 2030. Bealls has opted to retain five, five-year options, each with continuing 10% rental escalations. The lease is on a NN+ basis, with the majority of property expenses paid by the tenant.
1000 W Gentry Avenue recently underwent a full renovation, including a new storefront, updated HVAC equipment, upgraded electrical and plumbing, and modern tenant finishes. The parking lot has also been resurfaced and striped.
Bealls is surrounded by heavily trafficked businesses, such as Atwoods, McDonald's, Taco Bell, O'Reilly Auto Parts, and Dollar Tree. In addition, Mudslingers Coffee leases a 200-square-foot pop-up building in the Bealls parking lot. 1000 W Gentry Avenue is strategically located alongside the intersection of Interstate 40 and US 69, only 0.3 miles off the US 69 exit, bringing steady traffic to the business and the surrounding area. The location is easily accessible to out-of-state visitors, with Tulsa International Airport (TUL) only 50 miles away.
Property tours are by appointment only. Please contact the listing broker to schedule.
Situated next door to the shadow anchor Walmart Supercenter, this 20,590-square-foot space is just off the busy W Gentry Avenue, the main thoroughfare of Checotah, Oklahoma, seeing 8,000 vehicles per day (VPD). Bealls just signed a new, over-10-year lease, committing to the site through January 2036. There is a 10% rental escalation that will take effect on February 1, 2030. Bealls has opted to retain five, five-year options, each with continuing 10% rental escalations. The lease is on a NN+ basis, with the majority of property expenses paid by the tenant.
1000 W Gentry Avenue recently underwent a full renovation, including a new storefront, updated HVAC equipment, upgraded electrical and plumbing, and modern tenant finishes. The parking lot has also been resurfaced and striped.
Bealls is surrounded by heavily trafficked businesses, such as Atwoods, McDonald's, Taco Bell, O'Reilly Auto Parts, and Dollar Tree. In addition, Mudslingers Coffee leases a 200-square-foot pop-up building in the Bealls parking lot. 1000 W Gentry Avenue is strategically located alongside the intersection of Interstate 40 and US 69, only 0.3 miles off the US 69 exit, bringing steady traffic to the business and the surrounding area. The location is easily accessible to out-of-state visitors, with Tulsa International Airport (TUL) only 50 miles away.
Property tours are by appointment only. Please contact the listing broker to schedule.
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- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Faits sur la propriété
Type de vente
Investissement
Condition de vente
Vente à l’encan
Types de propriétaire
Pleine propriété
Type de propriété
Commerce de détail
Taille du bâtiment
20 590 pi²
Classe d’immeuble
C
Année de construction/rénovation
1985/2024
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Taille du lot
1,98 AC
Zone de développement économique
Oui
Numéro de lot
0000-32-12N-17E-3-007-00
Stationnement
104 places (5,05 places par 1 000 pi² loué)
Façade
359’ sur West Gentry Avenue
Commodités
- Système de sécurité
- Intersection avec signalisation
- Climatisation
Assez practicable à pied
40/100
Exceptionnellement facile d'accès en voiture
100/100
Assez praticable en vélo
30/100
Données démographiques
Données démographiques
1 mille
3 mille
5 mille
2025 Population
2 536
3 547
5 389
2020 Population
2 709
3 686
5 345
2030 Population
2 545
3 582
5 499
2025-2030 Croissance démographique prévue
0,3%
1,0%
2,0%
Employés de jour
1 916
2 332
2 460
Total des entreprises
260
324
350
Revenu moyen du ménage
50 938 $
52 360 $
55 856 $
Revenu médian par ménage
37 297 $
37 738 $
39 843 $
Dépenses de consommation totales
24,1 M$
34,7 M$
56,5 M$
Âge médian
40,0
42,0
45,6
2025 Ménages
1 021
1 437
2 252
Pourcentage diplôme collégial ou supérieur
8%
7%
6%
Valeur résidentielle moyenne
136 698 $
146 653 $
166 264 $
Valeurs en dollars américains
Principaux détaillants à proximité
Conseiller(ère) en vente
Conseiller(ère) en vente
Addison Williams, Managing Director
Addison has extensive experience as an investment sales broker who specializes in the marketing, disposition, and acquisition of income-producing real estate throughout the United States. He represents a wide range of private and institutional clients, providing advisory and execution across office, industrial, retail, and alternative asset classes.
Addison brings a comprehensive understanding of capital markets and a client-first approach to every engagement. He advises owners, operators, and investors on investment and growth strategies that include sale leasebacks, portfolio optimization, equity placement, recapitalizations, and expansion planning. Addison delivers creative solutions that help his clients realize the full potential of their real estate holdings.
Before joining Savills in 2025, Addison spent eight years with CBRE, where he was a member of the firm’s Net Lease Property Group. In 2023, he was honored with CBRE’s Rising Star Award in recognition of exceptional performance and dedication to client success.
Addison brings a comprehensive understanding of capital markets and a client-first approach to every engagement. He advises owners, operators, and investors on investment and growth strategies that include sale leasebacks, portfolio optimization, equity placement, recapitalizations, and expansion planning. Addison delivers creative solutions that help his clients realize the full potential of their real estate holdings.
Before joining Savills in 2025, Addison spent eight years with CBRE, where he was a member of the firm’s Net Lease Property Group. In 2023, he was honored with CBRE’s Rising Star Award in recognition of exceptional performance and dedication to client success.
À propos de la technologie des enchères
Les enchères de Ten-X représentent la technologie de transaction numéro 1 pour les transactions immobilières commerciales en ligne. Avec plus de 34 milliards de dollars en transactions totales, ces enchères utilisent une technologie de pointe et des données en temps réel sur les actifs afin de maximiser les chances de trouver l’acheteur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acheteurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les courtiers, les propriétaires et les investisseurs.
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Contact pour la vente à l’encan
Jameson Kuykendall
Contact
Permis de l’encanteur:
Ten-X Arlene Richardson RE Brkr 149227
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Frais de transaction 3%
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de la mise gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3%)
Prix d’achat total
5 150 000 $ USD
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10-Year Net Lease | 10% Rent Increases | 1000 W Gentry Ave
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10-Year Net Lease | 10% Rent Increases | 1000 W Gentry Ave
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