Description
This property offers an outstanding single-tenant investment opportunity with an absolute NNN lease that eliminates landlord responsibilities. The lease includes 15 years remaining on the primary term, along with two 5-year renewal options and 10% rental increases every five years, providing long-term income growth potential. The investment is supported by a strong lease guaranty from MSM Stores, Inc., a well-established operator with more than 20 years of experience and over 60 locations. The property features a 2,784-square-foot convenience store with six fueling lanes situated on 0.60 acres, with fee simple ownership of both the land and building. Additionally, the asset may qualify for bonus depreciation, offering potential tax advantages subject to consultation with a tax professional. Strategically located within the Tulsa MSA in Oklahoma, the property benefits from a highly visible position at the intersection of State Highways 16, 33, and 99, generating steady regional and pass-through traffic. Its strong frontage along Broadway, the primary east-west corridor, further enhances visibility and accessibility. The site also experiences strong fuel demand from daily commuters traveling into Tulsa and benefits from proximity to Central Technology Center, a regional vocational and technical school that attracts students from across the surrounding area.
Listing Details
- Tenancy
Single
- Space Type
retail
- Sub Category
gas-station
- Date Listed
5/7/2026
- Investment Type
Net Lease
- Net Operating Income
$102,656
- Brand Info
Shell
- Ground Lease
No
Property Specifics
- Property Name
Absolute NNN Shell Gas Station | 706 East Broadway Street
- No of Stories
1
- Year Built
1980
- Building Size
2,784 SF
- Lot Size
0.6 Ac
- APN
190044660
- Occupancy
100%



