Car-Mart - Bartlesville, OK
SHOP Companies is pleased to offer for sale the absolute net leased America’s Car-Mart of Bartlesville. This 5,100 SF retail building on 2.31 acres has operated since 2011 as an America’s Car-Mart (NASDAQ: CRMT), a buy-here, pay-here car dealership. The in-place absolute net corporate lease, which commenced January 1, 2020, has 5+ years remaining on the current 8-year term with two remaining 5-year options to renew.
Car-Mart of Bartlesville is ideally positioned at the signalized hard corner of SE Washington Blvd and Rice Creek Road in south Bartlesville. Average household incomes average $147K+ within a 1-mile radius of the property, which backs up to the affluent Colonial Estates neighborhood. The dealership is located next door to Tractor Supply and just south of a brand new Atwoods. The Bartlesville Chrysler, Jeep, Dodge and Ram dealership and Skyway Honda dealerships are across the street. Bartlesville, OK, located less than 40 minutes north of Tulsa, recently recorded the 3rd lowest unemployment rate in the country (2.5%), according to the Bartlesville Chamber of Commerce.