REIT Sale | Former Dollar General | Built 2011 | 6K VPD

Highlights:

• Freestanding Retail with Built-In Upside: ±9,186 SF on ±1.03 acres offers a flexible layout for lease-up, owner use, or repositioning.
• High-Visibility State Highway 10 Frontage: ±188 feet of exposure near Tulsa Avenue captures traffic of approximately 6,254 vehicles daily.
• Open Layout Supports Multiple Reuse Paths: Former Dollar General configuration suits office, service, educational, commercial, or other uses.
• Strategic Access Near U.S. Highway 412: Just ±0.5 mile away, this regional corridor connects the site with Tulsa and Northwest Arkansas.
• Growing Northeast Oklahoma Trade Area: The 5-mile market includes 4,000+ residents with average household income above $74,000.
• Absolute $1 Auction: First Bid Meets Reserve!

Description:

For more information visit:
https://rimarketplace.com/auction/3371/retail/kansas/ok?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october21_2026&utm_content=retail_3371


For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 124 State Highway 10 in Kansas, Oklahoma is a vacant ±9,186 SF freestanding retail building on ±1.03 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an exceptional basis. Built in 2011 and formerly occupied by Dollar General, the Property features an open floor plan, 29 parking spaces, approximately 188 feet of State Highway 10 frontage, and a 17.6-foot building height. The site is near Tulsa Avenue, which carries ±6,254 VPD, and approximately 0.5 mile from U.S. Highway 412, providing regional connectivity toward Tulsa and Northwest Arkansas. CoStar estimates retail market rent at approximately $14 PSF NNN. The City of Kansas does not maintain conventional zoning districts, creating flexibility for potential retail, office, educational, service, and other commercial uses, subject to municipal approval and buyer verification. Offered below replacement cost, the Property presents a compelling opportunity for owner occupancy, lease-up, adaptive reuse, or repositioning.


Location
Kansas sits in northeast Oklahoma near U.S. Highway 412, with access to Tahlequah, Tulsa, and Northwest Arkansas. The Property is about 35 minutes from Tahlequah and 60 minutes from Tulsa, while Cherokee Nation and Northeastern State University support regional demand. The 5-mile trade area includes 4,000+ residents with average household income above $74,000.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

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