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New Retail Space in Jenks
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202 S Gateway Pl, Jenks, OK 74037

New retail space with long-term absolute net lease.

Property Size20,890 SF
Price / SF$436.57
Days on Market848

Property Features for 202 S Gateway Pl

General Information

Standard status Active
Size 20,890 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Sale/Leaseback
Net Operating Income $751,730

Building Details

Year Built 2023
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Michael Cagen, L.L.C.
Listed By: Michael Cagen · License #MI 6502377154
Source: Crexi
Added: Apr 17, 2024 Changed: Aug 11 Last Checked: Aug 11 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Cagen, L.L.C.

Investment Insights

Based on property information with market context.

This 20,890 square foot retail space is located in Tulsa County, Oklahoma. The property features new construction and is subject to an absolute net-lease. The lease term is 17+ years, with 2% annual increases. The lease is corporately guaranteed by Frontier Justice, LLC. The property is located in a growing affluent area and is considered an essential retailer. It offers easy access, generous parking, highway interchange access, and visibility.

Key Highlights

  • 17+ Year Absolute NNN Lease with 2% Annual Increases
  • Corporately Guaranteed by Frontier Justice, LLC
  • Brand New State of the Art Construction (2023)

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Hotels & Casinos 9%
Jenks #2 Shops & Services
22,820 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
3,368 visits/mo 0.3 miles
Candlewood Suites Hotels & Casinos
2,592 visits/mo 0.1 miles

Demographics for 74037, OK

23,727
Population
8,811
Households
2.7
Avg Household Size
35
Median Age
47%
College-Educated
92%
High-School Grad
16.2 sq mi
ZIP Area
1,465
Density / Sq Mi
$101,573
Median Household Income
$53,608
Median Earnings
$1,565
Median Rent
$267,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New retail space with long-term absolute net lease.
Where is this retail space located?
The property is located at 202 S Gateway Pl Jenks, OK.
What is the asking price?
The asking price for this property is $9,120,000.
What are key features of this property?
This property features: 17+ Year Absolute NNN Lease with 2% Annual Increases; Corporately Guaranteed by Frontier Justice, LLC; Brand New State of the Art Construction (2023)
More about this property
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