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211 N Rose Ave

Glencoe, OK 74032 · Absolute NNN Shell Gas Station | 211 N Rose Ave
Available Now
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FOR SALERetail / Gas Station
NOI
$88,757
Building Size
2,742SF
APN
600004128
Lot Size
0.74Ac
Year Built
1978
Tenancy
Single Tenant
Listing Contacts
Managing Principal

More property details

Currently Leased
No
Investment
Net Lease
Ground Lease
No

Location

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Absolute NNN Shell Gas Station | 211 N Rose Ave
About the location

This property presents an exceptional single-tenant investment opportunity featuring an absolute NNN lease with no landlord responsibilities. The lease has 15 years remaining on the primary term along with two additional 5-year renewal options, and includes 10% rent increases every five years. Backed by a strong guaranty from MSM Stores, Inc., a company with more than 20 years of operating experience and over 60 locations, the investment offers stability and reliability. The property consists of a 3,625-square-foot convenience store with four fueling lanes situated on 0.64 acres, with fee simple ownership of both the land and building. It also qualifies for bonus depreciation, offering potential tax advantages subject to consultation with a tax professional. Located within the Oklahoma City MSA, the site benefits from a prime Main Street position near city hall and serves as the only fuel station within a seven-mile radius. Positioned at the center of the community’s civic and school hub, the property experiences strong fuel demand, driven largely by residents who commute to work.

Absolute NNN Shell Gas Station | 211 N Rose Ave
2,742 SF · retail · United States · OK