Listed by Anchor Point Capital
$1,398,500
Absolute NNN Shell Gas Station | Tulsa MSA, OK
Details
APN 190044660
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,784
Units 1
NOI $102,656
Tenancy Single
Brand/Tenant Shell
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2040
Remaining Term 15
Year Built 1980
Stories 1
Acreage 0.600
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/01/2020
Ground Lease No
Sale Condition N/A
10% Rental Increases Every 5 Years | Strong Fuel Demand from Daily Commuters
Marketing description
For more information contact:
Ned Skinner - [email protected]
Jacob Sparks - [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- 15 Years Remaining on Primary Term; Two 5-Year Renewal Options
- 10% Rental Increases Every 5 Years
- Strong Lease Guaranty; MSM Stores, Inc. with Over 20 years of Operating History and 60+ Locations
- 2,784 Square Feet Convenience Store with 6 Fueling Lanes on 0.60 Acres
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional for Tax Benefits)
Outstanding Location in Tulsa MSA, OK
- Located at the intersection of State Highways 16, 33, and 99; Providing Regional Connectivity and Steady Pass‑Through Traffic
- Excellent Frontage and Visibility along Broadway; the Primary East-West Corridor
- Strong Fuel Demand from Daily Commuters into Tulsa
- Home to Central Technology Center, a Regional Vocational and Technical School Drawing Students from the greater Region
Investment highlights
For more information contact:
Ned Skinner - [email protected]
Jacob Sparks - [email protected]
Excellent Single Tenant Investment Opportunity
- Absolute NNN Lease; Zero Landlord Responsibilities
- 15 Years Remaining on Primary Term; Two 5-Year Renewal Options
- 10% Rental Increases Every 5 Years
- Strong Lease Guaranty; MSM Stores, Inc. with Over 20 years of Operating History and 60+ Locations
- 2,784 Square Feet Convenience Store with 6 Fueling Lanes on 0.60 Acres
- Fee Simple Land and Building Ownership
- Qualifies for Bonus Depreciation (Consult with Your Tax Professional for Tax Benefits)
Outstanding Location in Tulsa MSA, OK
- Located at the intersection of State Highways 16, 33, and 99; Providing Regional Connectivity and Steady Pass‑Through Traffic
- Excellent Frontage and Visibility along Broadway; the Primary East-West Corridor
- Strong Fuel Demand from Daily Commuters into Tulsa
- Home to Central Technology Center, a Regional Vocational and Technical School Drawing Students from the greater Region
Listing Contacts
Listed by Anchor Point Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,656.00
$8,554.67/mo
Valuation Metrics
0
DSCR
7.34%
Cap Rate
7.34%
ROI
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