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Description

This offering presents an excellent single-tenant investment opportunity with a brand-new 20-year lease signed at the close of escrow. The property benefits from strong unit-level performance, operated by an experienced tenant with more than 30 locations across Oklahoma. Featuring 2% annual rent increases, it serves as an attractive hedge against inflation. The site consists of a 1,716-square-foot convenience store with eight fuel pumps, ideally positioned on a hard-corner intersection along Harvey Road, a key industrial corridor connecting business parks with residential neighborhoods. Its location at the corner of Highway 123 provides direct access to Downtown Seminole, while nearby residential communities, including Blackburn Ridge Townhomes and Brookstone Park, contribute additional traffic. Just minutes from US Hwy 377/OK-99 and Interstate 40, the property benefits from excellent regional connectivity. With Seminole’s historic ties to the oil and gas industry and the steady activity generated by nearby energy sites and infrastructure, this investment is further strengthened. Additionally, the property qualifies for bonus depreciation, offering significant financial advantages.

Listing Details

  • Cap Rate

    8%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    gas-station

  • Date Listed

    9/23/2025

  • Net Operating Income

    $160,000

Property Specifics

  • Property Name

    Sinclair Gas Station

  • No of Buildings

    1

  • No of Stories

    1

  • No of Units

    1

  • Year Built

    1987

  • Building Size

    1,716 SF

  • Lot Size

    0.43 AC

  • Occupancy

    100%

Property Amenities

Location Amenities

Airport
Commuter Rail
Public Transportation