Shell Gas Station

224 E CHERRY ST, Cushing Oklahoma, 74023

Listing ID: CL-Oklahoma-28063 Commercial Gas Station/C-Store Convenience Stores and Gas Station
Published on: Thursday, July 23, 2026 | Updated on: Thursday, July 23, 2026

Listing Summary

Anchor Point Capital is pleased to present an exceptional single-tenant net lease investment opportunity in Cushing, Oklahoma, within the thriving Stillwater Metropolitan Statistical Area (MSA).

Full Description

Prime Investment Opportunity: Absolute NNN Shell Gas Station in Cushing, OK (Stillwater MSA)

Executive Summary

Anchor Point Capital is pleased to present an exceptional single-tenant net lease investment opportunity in Cushing, Oklahoma, within the thriving Stillwater Metropolitan Statistical Area (MSA). Featuring a long-term Absolute NNN Lease with zero landlord responsibilities, this property is anchored by a national flagship tenant (Shell) and backed by a strong corporate guaranty from MSM Stores, Inc.—an experienced operator managing over 60 locations with a 20+ year track record of operational excellence.

This offering includes fee simple ownership of an 855-square-foot convenience store featuring 4 fueling lanes situated on a 0.48-acre parcel. With over 14 years of primary lease term remaining, built-in 10% rental increases every five years, and potential Bonus Depreciation tax benefits (consult your CPA), this asset delivers stable, hands-off passive income in a crucial U.S. energy hub.

Investment Highlights

  • Zero Landlord Responsibilities: True Absolute NNN lease terms require zero operational, maintenance, or repair obligations from the owner.

  • Strong Cash Flow Security: Features a 7.34% Cap Rate with an initial Net Operating Income (NOI) of $80,850.

  • Long-Term Lease Structure: Over 14 years remaining on the primary term (expiration 07/31/2040) with two (2) additional 5-year renewal options.

  • Inflation-Hedge Rent Growth: 10% rental rate increases every 5 years hedge against inflation and maximize long-term yield.

  • Experienced & Proven Operator: Guaranteed by MSM Stores, Inc., a premier regional operator with 60+ locations and 20+ years of industry leadership.

  • Fee Simple Land & Building Ownership: Full ownership of both land and structure unlocks potential accelerated/bonus depreciation tax strategies.

  • Strategic Energy Sector Location: Located in Cushing, OK—globally recognized as the "Pipeline Crossroads of the World."

Detailed Property Specifications

Property Parameter Details
Property Name / Tenant Absolute NNN Shell Gas Station
Guarantor MSM Stores, Inc. (60+ Locations)
APN 600002711
Property Type Retail (Convenience Store / Gas Station)
Building Size (Sq. Ft.) 855 SF
Lot Size (Acreage) 0.48 Acres
Year Built 1979
Cap Rate 7.34%
Net Operating Income (NOI) $80,850
Occupancy 100%
Tenancy Single Tenant
Lease Type Absolute NNN (Zero Landlord Responsibilities)
Lease Commencement August 1, 2020
Lease Expiration July 31, 2040
Primary Term Remaining ~14.4 Years
Rental Increases 10% Escalations Every 5 Years
Renewal Options Two (2) 5-Year Options

Location & Market Overview: Cushing, OK (Stillwater MSA)

The "Pipeline Crossroads of the World"

Cushing, Oklahoma holds an irreplaceable position in the global energy infrastructure as the primary physical delivery and pricing point for West Texas Intermediate (WTI) crude oil in the United States.

  • Massive Storage Capacity: The local ecosystem features surrounding tank farms with approximately 90 million barrels of crude oil storage capacity, creating a rock-solid, recession-resilient local economy anchored by energy sector professionals.

  • Major Infrastructure Expansion: The area has been selected for a transformative $5.6 Billion "next-generation" refinery project, which is projected to generate over $13 Billion in economic benefit across its first decade and bring thousands of job opportunities to the region.

  • Robust Regional Workforce: Supported by a broad regional labor force exceeding 180,000 workers within a 30-mile radius, driven by high-performing sectors in energy, agribusiness, logistics, and advanced manufacturing.

Contact Information

For full offering memorandums, financial analyses, or property tours, please reach out to the exclusive listing brokers:

  • Ned Skinner | nskinner@anchorpointcapital.com

  • Jacob Sparks | jsparks@anchorpointcapital.com

  • Brokerage: Anchor Point Capital

Quick Glance

  • Listing ID: CL-Oklahoma-28063
  • Status: Active
  • Year Build: 1979
  • Building Size: 855 SqFt
  • Lot Size: 0 Acr

Property Documents

No documents available.

Complete Details

  • Year Build: 1979
  • Building Size: 855 SqFt
  • No of Stories: 10
  • Total Lot Area: 0.48 Acr
  • No of Total Units: 1
  • Heating and Cooling: Not Specified
  • Occupancy: 100

Pricing Details

Additional Features

Features
  • APN: 600002711
  • Tenancy: Single
  • Brand/Tenant: Shell
  • Lease Type: Absolute NNN
  • Lease Term: 20
  • Lease Expiration: 07/31/2040
  • Remaining Term: 14.4
  • Rent Bumps: Yes
  • Lease Options: 2 - 5 Yr
  • Lease Commencement: 08/01/2020
Highlights
  • Cushing, OK is the “Pipeline Crossroads of the World”; the Primary Physical Delivery and Pricing hub for West Texas Intermediate crude oil in the U.S
  • Major crude oil hub with ~90 million barrels of storage capacity in surrounding tank farms, supporting a large, stable energy‐sector presence
  • Strong employment base in energy, agribusiness, and manufacturing, supported by a regional workforce of ~180,000 within a 30‑mile radius
  • $5.6B “next‑generation” refinery announced for Cushing, projected to create jobs and generate an estimated Over $13B in economic benefits in its first decade

Listing Location

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