205 Kerr Blvd Sallisaw, OK 74955-7239
This exceptional investment opportunity presents a 7,500-square-foot shopping center in Sallisaw, Oklahoma, currently listed at $1,070,000 with a compelling 6.5% cap rate. The property, situated on a 1.22-acre lot at 205 N Kerr Blvd (zip code 74955), enjoys a highly visible location at the corner of S Kerr Blvd (Highway 59) and Cherokee Ave (Highway 64), providing excellent access and high traffic volume. Its strategic proximity to Interstate 40 (just one mile away) further enhances its appeal. The building, which underwent recent renovations within the past year, is currently occupied by Dollar General under an absolute net lease. This minimizes landlord responsibilities and provides a stable income stream. The property benefits from a strong tenant base in the immediate vicinity, including Firstar Bank, EZ Mart, Casey's General Store, Blue Jay Inn, Blue Ribbon Diner, Cellofoam Building Products, Bootleggers Liquor, and Onin Staffing. This well-maintained shopping center represents a rare opportunity to acquire a profitable retail asset in a thriving Oklahoma community. The property's size, location, and current lease agreement make it an attractive investment for discerning buyers seeking strong returns and long-term stability.
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Dollar General Discount Store
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Western Union Bank Credit Union
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FedEx OnSite Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.