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33832311
33832310

601 South Main Street, Eufaula, OK 74432

MN
MA 134870
Horvath & Tremblay
ZS
MA 9566664
Horvath & Tremblay
Listed by Horvath & Tremblay
$2,565,114
4 days on market
Updated 4 days ago

GPM Investments

Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 3,378
Cap Rate 7%
NOI $179,558
Tenancy Single
Brand/Tenant GPM, Phillips 66
Lease Type Absolute NNN
Lease Expiration 06/30/2032
Remaining Term 6
Rent Bumps Yes
Lease Options 4, 5-Year Options
Year Built 1998
Buildings 1
Acreage 0.930
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/19/2017
Ground Lease No
Ownership Fee Simple

Retail | 7.00% Cap Rate | 3,378 Sq Ft

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant Phillips 66 (GPM Investments) located at 601 S Main Street in Eufaula, Oklahoma (“the Property”). The Property consists of a 3,378 square foot freestanding building with 8 fueling stations on a 0.93-acre parcel of land. Phillips 66 (GPM Investments) has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and each of the renewal options.

Phillips 66 (GPM Investments) occupies a prominent location along South Main Street, a primary commercial and commuter corridor serving Eufaula and the surrounding area. The Property benefits from excellent visibility and accessibility within Eufaula’s established retail corridor and is surrounded by a mix of national and local retailers and restaurants that generate steady daily traffic. The site is located just moments from Eufaula High School and the shores of Lake Eufaula, the largest lake located entirely within Oklahoma, a major recreational destination that attracts significant seasonal tourism and visitor activity. Nearby residential neighborhoods and area hotels further support a stable built-in customer base. In addition, the Property offers convenient access to OK Route 9, US Highway 69, and Lake Eufaula Casino Hotel, providing strong regional connectivity and consistent consumer traffic. Eufaula is strategically positioned approximately 85 miles south of Tulsa and 120 miles east of Oklahoma City.

Investment highlights

LEASE TERM: Phillips 66 (GPM Investments) has been at this location since 2017 and has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options.

ATTRACTIVE RENT INCREASES: The lease calls for attractive 1.5% annual rent increases throughout the primary lease term renewal options providing a steady increase in income and an attractive hedge against inflation.

ZERO LANDLORD RESPONSIBILITIES: Phillips 66 (GPM Investments) has an Absolute NNN Lease and requires zero landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements, making it an attractive investment for the passive real estate investor.

STRONG OPERATOR: GPM Investments is a wholly owned subsidiary of ARKO Corp (NASDAQ: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States. In 2025, ARKO reported a net income of $22.7 million and sold over 794.8 million gallons of fuel. With more than 3,600 locations currently, ARKO is continuing to expand across the nation.

STRATEGIC RETAIL LOCATION: Phillips 66 (GPM Investments) enjoys a highly visible and accessible location S Main Street (US Route 69 BUS), a major commercial and commuter thoroughfare in the area. The property is positioned in Eufaula’s commercial district and is surrounded by the area’s national and local retailers and restaurants, driving traffic to the area. The Property is seconds from Eufaula High School and the shores of Lake Eufaula, the largest lake entirely in Oklahoma, and is convenient to residential neighborhoods and area hotels, providing a captive and built-in customer base. The Property enjoys convenient access to OK Route 9 and US Highway 69, as well as Lake Eufaula Casino Hotel, which features 20,500 square feet of gaming space with 500 gaming machines. The property also has two restaurants and a hotel with forty-six rooms.

AREA AMENITIES: The local economy is driven primarily by tourism and recreation associated with Lake Eufaula, the largest lake entirely within Oklahoma. Constructed following the completion of the Eufaula Dam in 1964, the lake contains more than 100,000 surface acres and roughly 600 miles of shoreline, attracting visitors yearround for boating, fishing, camping, and water sports. The lake is especially popular among anglers for bass and catfish fishing and has become one of Oklahoma’s premier outdoor recreation destinations. The city itself has a relaxed, lakeside atmosphere with marinas, resorts, RV parks, and locally owned restaurants catering to both residents and tourists. Nearby parks and recreation areas contribute significantly to the local economy and quality of life. Residents and visitors enjoy hiking, kayaking, wildlife viewing, and other outdoor activities throughout the year. Eufaula also hosts seasonal festivals, fireworks displays, and community events that draw visitors from across the region.

RETAIL TRADE AREA: Additional businesses and retailers drawing consumers to the immediate trade area include Lake Eufaula Casino Hotel, Nichols Market, True Value Hardware, Dollar General Market, Family Dollar, Dollar General, McDonald’s, Sonic, Subway, Casey’s, and Love’s Travel Stop.

Listing Contacts

MN
MA 134870
Horvath & Tremblay
ZS
MA 9566664
Horvath & Tremblay
Listed by Horvath & Tremblay

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$179,557.96
$14,963.16/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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C-1 CommercialSpecial CommercialCommercial
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Last updated May 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
177814
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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