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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

202 Gtwy Pl Jenks, OK 74037

20,890 SF 1.97 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 20,890 SF
Lot 1.97 ac (85,813 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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