Contacts
Nathan Wilson
NAI Red
PARTNER | RETAIL
Samuel Dunham
NAI Red
PARTNER | INVESTMENT | RETAIL
Property Details
- Property Type Retail - Strip Center
- Property Size 20,590 SF
- Lot Size 1.98 Acre
- Cap Rate % 8.61
- NOI / YR $167,796.00
- Date Updated Sep 3, 2026
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.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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43/100
Walk Score ®
-
40/100
Bike Score ®
Powered by Walk Score ®
Location
- City Checotah, OK
- Zip Code 74426
Points of Interest
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Casey's General Store
0.11 miles
-
Conoco
0.51 miles
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Lakeview Grocery
7.66 miles
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Last Stop
7.92 miles
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Phillips 66
8.94 miles
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Bulldog Express
9.80 miles
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McDonald's
0.28 miles
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Sonic
0.56 miles
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Dawn's Place
7.61 miles
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Lake Trash Treatz
7.92 miles
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Simple Simon's Pizza
8.93 miles
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Walmart Supercenter
0.18 miles
Contact Bealls Single-Tenant Net Lease Offering
