Listed by Sands Investment Group, Sands Investment Group Philadelphia
$787,267
Chisholm Corner Gas Station - Duncan, OK
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,281
Cap Rate 7.5%
NOI $59,027
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20.1
Lease Expiration 12/31/2042
Remaining Term 16.6
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $345
Year Built 1993
Acreage 0.320
Investment Type Net Lease
Lease Commencement 12/15/2022
Ground Lease No
7.50% CAP | High-Yield NNN C-Store | Strong Guarantees
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the Chisholm Corner Gas Station located at 211 E Chestnut Avenue in Duncan, OK. This investment features a Triple Net (NNN) Lease structure, providing zero landlord responsibilities and a truly passive ownership experience. The asset offers ~17 years remaining on the primary lease term, along with 3 additional 5-year renewal options, delivering long-term income stability and making it an attractive investment opportunity.
Investment highlights
- Triple Net (NNN) Lease Structure: Zero landlord responsibilities with a true Triple Net (NNN) Lease, enabling passive ownership.
- Attractive Yield: Offered at $787,267, representing a 7.50% CAP Rate on $59,027 NOI in a competitive market.
- Long-Term Lease: ~17 years remaining on the primary term with 3 additional 5-year renewal options.
- Rent Growth: 10% rent escalations every 5 years provide consistent income increases.
- Strategic Location: Positioned in Duncan, OK, supported by oilfield services, agriculture, and commuter traffic between Lawton and Oklahoma City.
- Experienced Operator: Operated by Diamond Jubilee Oil, LLC under a master lease assigned in February 2026.
- Strong Guarantee: 2-tier support from City Mart Energy LLC and a personal guaranty from the owner of Diamond Jubilee Oil, LLC.
- Defensive Asset Class: Essential-use c-store and fuel property with stable demand fundamentals.
- Rare Opportunity: Limited availability of single-tenant fuel assets with long-term leases and strong guaranty backing.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Philadelphia
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$59,027.00
$4,918.92/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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