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21 Main St

Agra, OK 74824 · Absolute NNN Shell Gas Station | 21 Main Street
Available Now
42 views
FOR SALERetail / Gas Station
NOI
$58,159
Building Size
3,625SF
Lot Size
0.64Ac
Year Built
1978
Occupancy
100%
Tenancy
Single Tenant
Listing Contacts
Managing Principal

More property details

Currently Leased
No
Investment
Net Lease
Brand
Shell
Ground Lease
No

Location

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Absolute NNN Shell Gas Station | 21 Main Street
About the location

This offering represents a strong single-tenant investment opportunity featuring an absolute NNN lease with zero landlord responsibilities and approximately 15 years remaining on the primary term, along with two 5-year renewal options. The lease includes 10% rental increases every five years and is backed by a solid guaranty from MSM Stores, Inc., an established operator with over 20 years of experience and more than 60 locations. The property is offered fee simple, providing full ownership of both land and improvements, and may qualify for bonus depreciation (buyers should consult a tax professional). The asset consists of a 3,625-square-foot convenience store with four fueling lanes situated on a 0.64-acre parcel within the Oklahoma City MSA. Strategically located along Main Street near city hall, the site serves as a central hub within the community, positioned near key civic and school facilities. Notably, it is the only fuel station within a seven-mile radius, creating strong and consistent demand, particularly as a significant portion of local residents commute for work, further supporting long-term performance and stability of the investment.

Absolute NNN Shell Gas Station | 21 Main Street
3,625 SF · retail · United States · OK