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33881483
33881484

2000 East Cherokee Avenue, Sallisaw, OK 74955

Northmarq Capital, LLC
Listed by Northmarq Capital, LLC
$7,585,000
7 days on market
Updated 7 days ago

Eastgate Shopping Center

Details
APN TBD
Property Type Retail
Sub Type Shopping Center
Square Footage 103,868
Net Rentable (SqFt) 103,868
Units 13
Cap Rate 8.38%
NOI $635,768
Occupancy 67%
Tenancy Multi
Brand/Tenant Tractor Supply, Bealls (+1)
Lease Type NNN
Rent Bumps Yes
Year Built 1972
Acreage 10.590
Investment Type Value Add
Ground Lease No

Tractor Supply Co. Anchored Retail Center

Marketing description

Can Acquire Stabilized Portion, Lease-up, or Both - See OM or Contact Broker for More Information!

Eastgate Shopping Center, located at 2000 E. Cherokee Ave., Sallisaw, OK 74955, is a compelling retail investment opportunity anchored by Tractor Supply Co. and strengthened by nationally recognized tenants including Ollie’s Bargain Outlet and Bealls. This high-visibility shopping center offers investors rare flexibility to acquire the stabilized portion, the lease-up component, or both—creating multiple paths to value creation. The property benefits from strong brand-name tenancy and recent renovations completed by Bealls and Ollie’s, including façade improvements, updated signage, and other aesthetic enhancements that elevate the center’s curb appeal and tenant presence. With a proven anchor, recognizable national retailers, and upside through flexible acquisition structure, Eastgate Shopping Center presents an attractive opportunity for investors seeking dependable in-place income with additional growth potential. This Tractor Supply Co.-anchored center stands out as a well-positioned asset in the Sallisaw market, combining stability, visibility, and leasing upside in one offering.

Investment highlights

  • Can Acquire Stabilized Portion, Lease-up, or Both
  • National Tenants with Strong Brand Recognition
  • Long-Term NNN Leases with Rent Increases
  • Value‑Add Leasing Opportunity with Immediate Upside
  • Recent Renovations by Bealls & Ollie's
  • Frontage Along Cherokee Ave | Proximity to I-40 & Fort Smith, AR
  • Large 10.59-Acre Parcel With Strong Demographic Base

Listing Contacts

Northmarq Capital, LLC
Listed by Northmarq Capital, LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$635,768.00
$52,980.67/mo

Valuation Metrics

0
DSCR
8.38%
Cap Rate
8.38%
ROI

Map

Zoning

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C-4 CommercialSpecial CommercialHighway Frontage Commercial
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View all 21 uses
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Last updated Dec 12, 2025 For deeper zoning details, reports are available at Zoneomics

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Property History

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