Car-Mart - Muskogee, OK
SHOP Companies is pleased to offer for sale the absolute net leased America’s Car-Mart of Muskogee. This 5,378 SF retail building on 1.87 acres has operated since 2009 as an America’s Car-Mart (NASDAQ: CRMT), a buy-here, pay-here car dealership. The in-place absolute net corporate lease, which commenced on January 1, 2020, has 5+ years remaining on the current 8-year term with two remaining 5-year options to renew.
Car-Mart of Muskogee is ideally positioned with excellent visibility on W Shawnee / US Hwy 62. The dealership is located in a major retail corridor that includes Wal-Mart Supercenter, Tractor Supply, Buffalo Wild Wings, Panda House, Chick-Fil-A, Petco, Dollar Tree, and more. Headquartered in Rogers, Arkansas, America’s Car- Mart operates 154 automotive dealerships in twelve states and is one of the largest publicly-held automotive retailers in the United States, focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The company operates its dealerships primarily in smaller cities throughout the South- Central United States, selling quality used vehicles and providing financing for substantially all of its customers.