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Eastgate Shopping Center 2000 E Cherokee Ave 68,760 SF 95% Leased Retail Building Sallisaw, OK 74955 $7,585,000 ($110.31/SF) 8.38% Cap Rate
Investment Highlights
- National Tenants with Strong Brand Recognition
- Can Acquire Stabilized Portion, Lease-up, or Both
- Recent Renovations by Bealls & Ollie's
- Long-Term NNN Leases with Rent Increases
- Value-Add Leasing Opportunity with Immediate Upside
- Large 10.59-Acre Parcel With Strong Demographic Base
Executive Summary
Can Acquire Stabilized Portion, Lease-up, or Both - See OM or Contact Broker for More Information!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront
Building Size
68,760 SF
Building Class
B
Year Built
1972
Price
$7,585,000
Price Per SF
$110.31
Cap Rate
8.38%
NOI
$635,768
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
10.59 AC
Opportunity Zone
Yes
Zoning
C1 - Commerical
Frontage
629’ on East Cherokee Avenue
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- C
- 3,645 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| C | 3,645 SF | Retail | In-Line | Now |
C
| Size |
| 3,645 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $221,130 | |
| Land Assessment | $43,978 | Total Assessment | $265,108 |
Property Taxes
Parcel Numbers
Land Assessment
$43,978
Improvements Assessment
$221,130
Total Assessment
$265,108
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Eastgate Shopping Center | 2000 E Cherokee Ave