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Tractor Supply & Ollie's Shadow Anchor Center 1900 E Cherokee Ave 35,065 SF Retail Building Online Auction Sale Sallisaw, OK 74955
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Investment Highlights
- Investors and developers can benefit from this value-add parcel on a key retail thoroughfare perched in Sallisaw, Oklahoma.
- Buyers have a value-add opportunity to lease out vacancies at market rates or develop unused land for future income.
- Located in an ideal center with additional retailers like Tractor Supply Co., Hardee’s, and Sugar Shack, which draw in consumers.
- Benefits from placement near Interstate 40, Route 59, and Wheeler Avenue, which quickly connects consumers to the property.
- E Cherokee Avenue serves as a key route within the town, experiencing high traffic volumes of almost 8,400 vehicles per day.
- Sallisaw is experiencing strong growth, with its population increasing and local spending within a 5-mile radius now over $125 million.
Executive Summary
Investors, developers, and owner/users can all find the portion for sale at Eastgate Shopping Center beneficial.
1900 E Cherokee Avenue presents an outstanding opportunity within a well-situated neighborhood center. The available portion offers 34,587 square feet of single-story retail space on a 3-acre site, complemented by parking spaces for tenants and visitors. Current tenants include a billiards hall, liquor store, and nail salon, with substantial vacancy providing prospective buyers with considerable flexibility. C-1 zoning applies to this property, a designation in Sallisaw, Oklahoma, typically intended for light commercial, office, or local service businesses such as convenience retail, personal services (e.g., dry cleaners), offices, clinics, and select small restaurants. The ample on-site parking also allows for potential future development and expansion, enabling owners to add leasable space and maximize market value.
Sallisaw offers an excellent location for prospective investors. Situated approximately 95 miles southeast of Tulsa, it serves as the county seat of Sequoyah County. The property is strategically positioned along a prominent retail corridor, where established national brands such as Taco Bell, Motel 6, and AutoZone are located on E Cherokee Avenue. Its proximity to major roadways allows seamless access for consumers to this retail center. Additionally, the property is near Downtown Sallisaw, which features antique stores and specialty shops that attract visitors from surrounding communities.
Sallisaw is experiencing growth in business and population, thanks to new manufacturing and healthcare developments. SLPT Global Pump Group opened a plant in the city's industrial park, boosting the economy. Northeastern Health System Sequoyah and the Sallisaw Veterans Home provide healthcare and long-term care jobs. New chain restaurants and convenience stores are opening near highways, while Cherokee Casino Sallisaw adds to hospitality employment.
Property tours are available by appointment only. Please contact the listing broker to schedule.
1900 E Cherokee Avenue presents an outstanding opportunity within a well-situated neighborhood center. The available portion offers 34,587 square feet of single-story retail space on a 3-acre site, complemented by parking spaces for tenants and visitors. Current tenants include a billiards hall, liquor store, and nail salon, with substantial vacancy providing prospective buyers with considerable flexibility. C-1 zoning applies to this property, a designation in Sallisaw, Oklahoma, typically intended for light commercial, office, or local service businesses such as convenience retail, personal services (e.g., dry cleaners), offices, clinics, and select small restaurants. The ample on-site parking also allows for potential future development and expansion, enabling owners to add leasable space and maximize market value.
Sallisaw offers an excellent location for prospective investors. Situated approximately 95 miles southeast of Tulsa, it serves as the county seat of Sequoyah County. The property is strategically positioned along a prominent retail corridor, where established national brands such as Taco Bell, Motel 6, and AutoZone are located on E Cherokee Avenue. Its proximity to major roadways allows seamless access for consumers to this retail center. Additionally, the property is near Downtown Sallisaw, which features antique stores and specialty shops that attract visitors from surrounding communities.
Sallisaw is experiencing growth in business and population, thanks to new manufacturing and healthcare developments. SLPT Global Pump Group opened a plant in the city's industrial park, boosting the economy. Northeastern Health System Sequoyah and the Sallisaw Veterans Home provide healthcare and long-term care jobs. New chain restaurants and convenience stores are opening near highways, while Cherokee Casino Sallisaw adds to hospitality employment.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
35,065 SF
Building Class
B
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
3.00 AC
Opportunity Zone
Yes
Parcel Number
0000-04-011-024-0-104-00
Zoning
C1 - Commercial
Frontage
817’ on Cherokee Ave
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| D | 1,930 SF | Office | - | Now |
| E | 2,990 SF | Office | - | Now |
| F | 15,120 SF | Office | - | Now |
| G | 1,890 SF | Office | - | Now |
| K | 995 SF | Office | - | Now |
| L | 1,345 SF | Office | - | Now |
D
| Size |
| 1,930 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
E
| Size |
| 2,990 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
F
| Size |
| 15,120 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
G
| Size |
| 1,890 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
K
| Size |
| 995 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
L
| Size |
| 1,345 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
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D
| Size | 1,930 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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E
| Size | 2,990 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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F
| Size | 15,120 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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G
| Size | 1,890 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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K
| Size | 995 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
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L
| Size | 1,345 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
2,850
9,786
12,188
2020 Population
2,752
9,060
11,236
2030 Population
2,941
10,181
12,691
2025-2030 Projected Population Growth
3.2%
4.0%
4.1%
Daytime Employees
1,146
5,463
5,723
Total Businesses
152
640
674
Average Household Income
$72,619
$60,322
$61,934
Median Household Income
$48,666
$41,259
$43,977
Total Consumer Spending
$31.1M
$96.7M
$124M
Median Age
39.9
38.9
40.0
2025 Households
1,123
3,847
4,775
Percent College Degree or Above
14%
11%
11%
Average Home Value
$192,848
$179,503
$184,452
Sale Advisors
Sale Advisors
Brad Moulder, Senior Vice President
Brad Moulder has a wide range of experience in the acquisition, disposition, and financing of commercial real estate, representing everyone from high net worth individuals to large institutional investors on their acquisition and disposition needs. At Stan Johnson Company, Moulder has been involved in over $1 Billion in investment sales transactions in the areas of retail, medical, office, and industrial properties, including single asset sales, as well as portfolio transactions.
Anne Perrault, Vice President
Anne Perrault is a vice president at Northmarq located in Tulsa. Anne's primary focus is on the client-driven sale, advisory and analysis of net leased real estate nationwide.
Before Northmarq, Anne served as a director at Stan Johnson Company. Initially joining Stan Johnson Company in 2008, she has since developed core competencies across the deal cycle spectrum as well as valued relationships with the developer and investor community. Together with her team, Anne remains focused on the highest level of execution and on providing clients with a second-to-none net lease investment experience. During her tenure, Anne has contributed to the successful close of nearly $1.9 billion in investment real estate on behalf of both institutional and privately capitalized clients.
She is a graduate of Vanderbilt University with bachelor’s degrees in English and neuroscience psychology. Anne is an active member of the International Council of Shopping Centers and is a licensed real estate broker in both Oklahoma and Minnesota.
Before Northmarq, Anne served as a director at Stan Johnson Company. Initially joining Stan Johnson Company in 2008, she has since developed core competencies across the deal cycle spectrum as well as valued relationships with the developer and investor community. Together with her team, Anne remains focused on the highest level of execution and on providing clients with a second-to-none net lease investment experience. During her tenure, Anne has contributed to the successful close of nearly $1.9 billion in investment real estate on behalf of both institutional and privately capitalized clients.
She is a graduate of Vanderbilt University with bachelor’s degrees in English and neuroscience psychology. Anne is an active member of the International Council of Shopping Centers and is a licensed real estate broker in both Oklahoma and Minnesota.
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Auction Contact
Sophy Cardenas
Contact
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Tractor Supply & Ollie's Shadow Anchor Center | 1900 E Cherokee Ave
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