Listing Summary
Anchor Point Capital is pleased to present an exclusive single-tenant net lease (STNL) commercial real estate opportunity: an Absolute NNN Shell Gas Station & Convenience Store situated in a high-demand retail market within the Oklahoma City Metropolitan Statistical Area (MSA).
Full Description
Prime Single-Tenant Investment: Absolute NNN Shell Gas Station in Oklahoma City MSA, OK
Executive Summary
Anchor Point Capital is pleased to present an exclusive single-tenant net lease (STNL) commercial real estate opportunity: an Absolute NNN Shell Gas Station & Convenience Store situated in a high-demand retail market within the Oklahoma City Metropolitan Statistical Area (MSA). Offering a completely passive income stream with zero landlord responsibilities, this prime asset is secured by a long-term 20-year primary lease with approximately 15 years of remaining term.
The lease is backed by a robust corporate guaranty from MSM Stores, Inc.—a highly experienced regional operator with over two decades of industry leadership and a footprint of more than 60 locations. Featuring built-in 10% rental increases every 5 years and a strategic position as the only fueling facility within a 7-mile radius, this property offers long-term cash flow stability, inflation protection, and potential Bonus Depreciation tax benefits (consult your CPA) through fee simple land and building ownership.
Investment Highlights
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100% Passive Income Structure: True Absolute NNN lease terms require zero management, repair, or maintenance obligations from the property owner.
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Dependable Cash Flow: Currently generates a stable Net Operating Income (NOI of $58,159) with zero income leakage.
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Hedge Against Inflation: Built-in 10% rental escalations every 5 years ensure steady compounding growth through the primary term and extension options.
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Long-Term Lease Security: ~15 years remaining on the initial 20-year lease term (expiring 07/31/2040) plus two (2) additional 5-year renewal options.
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Seasoned & Established Tenant: Corporate-backed guaranty by MSM Stores, Inc., an enterprise with 20+ years of successful operating experience across 60+ retail sites.
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Exclusive Market Capture: Enjoys a near-monopoly market dynamic as the sole gas station and C-store operating within a 7-mile radius.
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Tax Advantage Potential: Fee simple ownership of both the 3,625-square-foot building and 0.64-acre land allows eligible investors to leverage accelerated/bonus depreciation.
Property & Lease Specifications
| Feature |
Property Details |
| Asset Name / Brand |
Absolute NNN Shell Gas Station |
| Guarantor |
MSM Stores, Inc. (60+ Locations) |
| Property Type |
Retail (Convenience Store / Gas Station) |
| Building Size |
3,625 Sq. Ft. (4 Fueling Lanes) |
| Lot Size |
0.64 Acres |
| Year Built |
1978 |
| Net Operating Income (NOI) |
$58,159 |
| Tenancy |
Single-Tenant |
| Lease Type |
Absolute NNN (Zero Landlord Responsibilities) |
| Lease Term |
20 Years Original (~15 Years Remaining) |
| Lease Commencement |
July 1, 2020 |
| Lease Expiration |
July 31, 2040 |
| Rent Escalations |
10% Increases Every 5 Years |
| Renewal Options |
Two (2) 5-Year Options |
| Ownership Interest |
Fee Simple (Land & Building) |
Location Analysis & Market Drivers: Oklahoma City MSA
Main Street Civic & Education Hub
Positioned directly on Main Street near City Hall, the asset sits at the municipal core of the trade area. Surrounded by local civic buildings, public facilities, and schools, the site generates continuous daily foot traffic and vehicle stops from local government employees, school staff, and parents.
Captive Market with Essential Local Demand
Because the vast majority of local residents commute daily for work and alternative options are sparse, fuel and convenience demand at this location remains exceptionally steady. Serving as the only fuel station within a 7-mile radius, the property captures a captive customer base for both fuel refills and daily convenience retail.
Tax Benefits via Bonus Depreciation
Commercial real estate investors acquiring fee simple gas station properties with dedicated convenience store space and canopy infrastructure may be eligible to take advantage of Bonus Depreciation or accelerated cost recovery strategies under current tax laws (investors should confirm eligibility with a certified CPA).
Exclusive Listing Team Contact
To request the full Offering Memorandum (OM), lease summary, or property details, please contact the listing brokers at Anchor Point Capital:
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Ned Skinner | nskinner@anchorpointcapital.com
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Jacob Sparks | jsparks@anchorpointcapital.com
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Brokerage: Anchor Point Capital
Quick Glance
- Listing ID:
CL-Oklahoma-28067
- Status:
Active
- Year Build:
1978
- Building Size:
3,625 SqFt
- Lot Size:
1 Acr
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