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    1501 Shawnee St Muskogee, OK 74401

    Sponsored
    For Sale
    $1,709,034

    Net-leased auto shop, strong ROI.

    Property size:
    5,378 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 5,378 square foot auto shop in Muskogee, Oklahoma, situated on a 1.86-acre lot. The property is currently under an absolute triple-net (NNN) lease with America's Car Mart, minimizing landlord responsibilities. The lease commenced January 1, 2020, and has a remaining term of approximately 3.1 years, with two five-year renewal options. The current annual net operating income (NOI) is $123,905, representing a 7.25% cap rate on the asking price of $1,709,034. The lease includes built-in rent increases of 8% in the first renewal option and 5% in the second. The property boasts significant outdoor storage space, adding to its value. Built in 2009, this retail space offers a compelling investment opportunity due to its below-market rent, strong tenant, and recession-resistant nature, supported by America's Car Mart's competitive lending program. The property is located at 1501 W Shawnee St, Muskogee, OK 74401.

    Property Features for 1501 Shawnee St

    General Information

    Property type
    Automotive properties
    Square Feet
    5,378 SF
    Lot Size
    81,022 SF

    Building Details

    Year Built
    2009

    HighLights

    • Absolute Triple‑Net (NNN) lease with zero landlord responsibilities.
    • Corporate guarantee from America's Car Mart (154+ units).
    • 8% rent increase in the first renewal option; 5% in the second.
    • Two, five‑year tenant renewal options.
    • 1.86‑acre lot with significant outdoor storage.
    • Below‑market rent, highly replaceable income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Car-Mart of Muskogee Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Muskogee
    County
    Muskogee
    State
    Oklahoma
    Longitude
    -95.381727
    Latitude
    35.7689825

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    FAQs

    What type of property is this?
    Automotive property - Net-leased auto shop, strong ROI.
    Where is this automotive property located?
    The property is located at 1501 Shawnee St Muskogee, OK.
    What is the asking price?
    The asking price for this property is $1,709,034.
    What are key features of this property?
    This property features: Absolute Triple-Net (NNN) lease with zero landlord responsibilities.; Corporate guarantee from America's Car Mart (154+ units).; 8% rent increase in the first renewal option; 5% in the second.
    Request Owner's contact information
    1501 Shawnee St Muskogee, OK 74401
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    Muskogee, OK 74401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Shawnee St Muskogee, OK 74401
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