Listing Summary
Single-tenant NNN Shell convenience store & gas station for sale in Drumright, OK. Features a new 20-year lease, 10% rent bumps every 5 years, and prime exposure at SH-33 & SH-16.
Full Description
Prime NNN Retail Investment: Newly Remodeled Shell C-Store in Drumright, OK
Anchor Point Capital is pleased to present the exclusive opportunity to acquire a newly rebranded, single-tenant Absolute NNN Shell Gas Station & Convenience Store situated in Drumright, Oklahoma.
Featuring a 2,784 SF facility on a 0.60-acre parcel, this asset has undergone recent site capital improvements (2021 remodel) and offers a brand-new 20-year Absolute Triple Net Lease backed by one of the premier global energy brands. Positioned directly at a high-volume signalized intersection, this property provides completely hands-off passive income with predictable, inflation-hedged rental growth.
Executive Financial & Asset Summary
| Asset / Lease Metric |
Property Specification |
| Property Subtype |
Convenience Store / Gas Station |
| Lease Type |
Absolute NNN (Zero Landlord Responsibilities) |
| Initial Lease Term |
New 20-Year Term |
| Rent Escalations |
10% Increases Every 5 Years |
| Building Footprint |
2,784 SF |
| Lot Size |
0.60 Acres (26,136 SF) |
| Year Built / Remodeled |
1980 / 2021 Complete Remodel |
| Building Class |
Class C |
| Floor Area Ratio (FAR) |
0.11 |
| Zoning |
None (Flexible Commercial Usage) |
| Street Frontage |
177 Feet on East Broadway Street |
| Parking Capacity |
11 Dedicated Spaces (3.95 / 1,000 SF) |
| Tenant Brand / Credit |
Shell Brand ($344.9B+ Global Revenue |
Key Investment Highlights
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New 20-Year Absolute NNN Lease: 100% passive ownership structure with zero landlord responsibilities. The tenant directly pays taxes, insurance, routine maintenance, and structural repairs.
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Built-In Inflation Protection: Contractual 10% rent increases every 5 years throughout the primary lease term and renewal options, ensuring consistent growth in net yield.
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Global Brand Strength: Shell is a world-class energy and retail giant with over 44,000 global locations, over $344.9 Billion in corporate revenue, and an elite A-1+ short-term credit rating.
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2021 Site Modernization: Features recent interior and exterior capital improvements, new corporate Shell branding, and modernized site infrastructure.
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Unzoned Commercial Land: Zero municipal zoning restrictions provide maximum operational flexibility for the underlying 0.60-acre real estate parcel.
Prime Strategic Location & Regional Highway Exposure
Situated in the heart of Drumright, Oklahoma, this C-store enjoys prime placement at the dominant commercial crossroads of the trade area.
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Signalized Corner Intersection: Strategically positioned at the busy signalized junction of E. Broadway St (State Highway 33) and State Highway 16, capturing local daily commuters and regional pass-through traffic.
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High-Visibility Frontage: Features 177 feet of direct street frontage on East Broadway Street with multiple easy-access ingress/egress points.
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Strategic Oklahoma MSA Positioning: Conveniently located 42 miles southwest of Downtown Tulsa and 76 miles northeast of Oklahoma City, serving as an essential fueling stop for regional transport networks across Creek and Payne Counties.
Quick Glance
- Listing ID:
CL-Oklahoma-28061
- Status:
Active
- Year Build:
1980
- Building Size:
2,784 SqFt
- Lot Size:
N/A
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