The Shops at Tahlequah

1741 S Muskogee Ave, Tahlequah, OK 74464

Property Information

  • For Sale $5,658,322
  • Property Type Retail - Community Center
  • Property Size 90,811 SF
  • Units 4
  • Lot Size 6.47 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1967
  • Year Renovated 2026
  • Date Updated Sep 3, 2026

Description

The Shops at Tahlequah is strategically located along South Muskogee Avenue (US Highway 62), Tahlequah's primary commercial corridor and the dominant retail destination for eastern Oklahoma. The property benefits from outstanding visibility, convenient access, and strong traffic generated by the area's concentration of national retailers, including Lowe's Home Improvement, Walmart Supercenter, and Reasor's. As the capital of the Cherokee Nation, Tahlequah serves as a major employment, healthcare, education, and government center, attracting visitors from throughout the region. The property is also located near Northeastern State University and Northeastern Health System, two of the community's largest employment and traffic generators. Drawing from Cherokee County and numerous surrounding communities, this highly visible location offers retailers the opportunity to serve one of northeastern Oklahoma's most established regional trade areas.The Shops at Tahlequah presents an exceptional value-add investment opportunity featuring a well-established regional shopping center that has recently undergone significant capital improvements, including a new roof and extensive property renovations. The center is anchored by a strong lineup of national and regional retailers, including Atwoods, Ollie's Bargain Outlet, Factory Connection, and Rent-A-Center, with Ollie's recently opening its new location and further strengthening the property's merchandising mix and customer traffic. The asset offers investors the opportunity to acquire a stabilized retail center with in-place rental rates that remain below market, providing meaningful upside through future lease renewals and active asset management. Offered at a price well below today's replacement cost, The Shops at Tahlequah combines recent capital investment, established tenancy, and long-term value appreciation potential in one of eastern Oklahoma's premier regional retail markets.

Highlights

  • Anchored by Atwoods, Ollie's Bargain Outlet, Factory Connection, and Rent-A-Center
  • Below-market in-place rental rates with upside potential
  • Dominant regional shopping center in Tahlequah
  • New roof and major property renovations
  • Offered below replacement cost
  • Prime location along US Highway 62 near Walmart, Lowe's, and Reasor's
  • Regional draw supported by the Cherokee Nation, Northeastern State University, and Northeastern Health System

Contacts

Location

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