Shops at McAlester – Starbucks & Glo Tanning is a newer-construction, 5,203-square-foot retail property situated on approximately 0.8 acres. The property is 100 percent leased to Starbucks (2,200 SF) and Glo Tanning (3,003 SF) under triple-net leases, providing limited landlord responsibilities and significant remaining lease term. Starbucks features a drive-through and a corporate-guaranteed lease through February 2032, while Glo Tanning is leased through January 2036.
The adjacent Shops at McAlester strip center is also being marketed for sale and includes McAlister’s Deli, Jersey Mike’s, Wingstop, T-Mobile, and one vacant suite (1,961 SF). The two properties may be acquired individually or together, providing investors with flexibility in acquisition size and the opportunity to control a larger portion of this established retail node.
Shops at McAlester is strategically located along Tanglewood Drive near US Highway 69, one of the primary commercial corridors serving McAlester and the surrounding southeastern Oklahoma trade area. The property benefits from convenient regional access, strong visibility, and proximity to a dense concentration of national retailers, restaurants, hotels, and service-oriented businesses.
CORPORATE STARBUCKS-ANCHORED INVESTMENT
Starbucks operates under a corporate-guaranteed NNN lease through February 2032 with four additional five-year renewal options.
STRONG STARBUCKS PERFORMANCE | 350K+ ANNUAL VISITS
The subject Starbucks generated approximately 350,600 estimated annual visits and ranked eighth among 87 measured Starbucks locations in Oklahoma (source: Placer.ai).
100% OCCUPIED | LONG-TERM NNN LEASES
Starbucks and Glo Tanning occupy 100 percent of the property under NNN leases, with Glo Tanning leased through January 2036.
NEWER 2022 CONSTRUCTION with drive-through
Modern 2022 construction featuring a highly desirable Starbucks drive-through, contemporary design, and limited near-term capital requirements.
STRATEGIC OUTPARCEL POSITION in MCALESTER’S PRIMARY RETAIL & HIGHWAY CORRIDOR | 1.0M+ COMBINED ANNUAL VISITS
Prominently positioned within McAlester’s primary retail destination near US Highway 69, surrounded by national retailers including Hobby Lobby, TJ Maxx, Ross, Five Below, Ollie’s, Bealls, which together generated more than 1.0 million estimated annual visitors. The location benefits from strong visibility, convenient highway access, and significant regional consumer traffic.
ADJACENT RETAIL OFFERING | ACQUIRE TOGETHER OR SEPARATELY
The adjacent strip center featuring McAlister’s Deli, Jersey Mike’s, Wingstop, and T-Mobile is also available, allowing investors to acquire either property individually or both together.
