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For Sale

Bealls Single-Tenant Net Lease Offering

1000 West Gentry Avenue,
Checotah, OK 74426
Represented by
NAI Red

Asset Snapshot

Full Service
Retail Subtype
1.98 Acres
Land Area

Offering Summary

Investment Overview

Corporate Backed Lease Lease backed by Bealls Inc. — founded 1915, family-owned, 660+ stores across 22 states, with 25 new stores planned for 2026-2027. Contractual Rent Growth A 10% increase on February 1, 2031 lifts Bealls base rent from $153,396 to $168,736, stabilizing at a 9.4% cap rate. Lake Eufaula – Tourist Traffic Located near Lake Eufaula, Oklahoma's largest lake at 102,000 acres — state park 14 miles southwest, plus the Carlton Landing resort town. Established Retail Node Positioned alongside Walmart Supercenter, Dollar Tree, and O'Reilly Auto Parts at the I-40 / US-69 interchange — the dominant retail corridor in McIntosh County. Immediate Yield An 8.61% going-in cap rate delivers $167,796 of in-place income from close. Outparcel Income Mudslingers Coffee is on a ground lease in the parking lot — 10+ locations throughout the Southeast and the only drive-thru coffee option in Checotah.


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Listing Syndicated From

Buildout
Accepting Offers
$1,948,900
Asking Price

Investment Sales Broker

Samuel Dunham
NAI Red

Market Insights