202 Gtwy Pl Jenks, OK 74037
This exceptional investment opportunity presents a brand-new, 20,890-square-foot Class A storefront in Jenks, Oklahoma. Located at 202 S Gateway Pl, 74037, this single-tenant property boasts a 19.1-year remaining lease term (commencing November 12, 2023 and expiring December 30, 2043) with a strong, corporately guaranteed Absolute NNN lease from Frontier Justice, LLC. The lease includes annual rent bumps of 2%, ensuring consistent income growth. The property features a desirable 8.00% cap rate and a substantial net operating income (NOI) of $729,765. Built in 2023 on a 1.97-acre lot, this single-story building offers 100% occupancy and benefits from an excellent location in a growing, affluent area with easy access, ample parking, and high visibility near a highway interchange. The lease includes four 5-year renewal options, providing long-term security and potential for future appreciation. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential. The asking price is $9,120,000, translating to a price per square foot of $436.57.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.