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The Shops at Tahlequah 1741-1749 S Muskogee Ave 90,811 SF 100% Leased Retail Building Tahlequah, OK 74464 $5,658,322 ($62.31/SF) 7.75% Cap Rate
Investment Highlights
- Located along US Highway 62, Tahlequah's primary commercial corridor.
- Recent roof replacement and major property renovations completed in 2026.
- Positioned near Walmart, Lowe's, and Reasor's retail destinations.
- Anchored by Atwoods, Ollie's Bargain Outlet, Factory Connection, and Rent-A-Center.
- Fully occupied multi-tenant shopping center with established cash flow.
- Regional draw supported by Cherokee Nation, NSU, and Northeastern Health System.
Executive Summary
The Shops at Tahlequah presents an exceptional value-add investment opportunity featuring a well-established regional shopping center that has recently undergone significant capital improvements.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
90,811 SF
Building Class
B
Year Built/Renovated
1967/2026
Price
$5,658,322
Price Per SF
$62.31
Cap Rate
7.75%
NOI
$438,520
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
6.47 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
376 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
528’ on S Muskogee Ave
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3070-00-005-000-0-000-00 | Improvements Assessment | $176,000 |
| Land Assessment | $44,000 | Total Assessment | $220,000 |
Property Taxes
Parcel Number
3070-00-005-000-0-000-00
Land Assessment
$44,000
Improvements Assessment
$176,000
Total Assessment
$220,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
The Shops at Tahlequah | 1741-1749 S Muskogee Ave