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Commercial For sale Convenience Stores and Gas Station Gas Station/C-Store

Shell Gas Station

21 Main Street, Agra, Oklahoma 74824

$792,350
$219 / sq ft 7.34% cap rate Listed Jul 23, 2026
3,625 sqft
Building
1 acres
Lot
1978
Built
1
Stories
1
Units

About this property

Shell Gas Station is a convenience stores and gas station for sale in Agra, Oklahoma, listed at $792,350. Key details: year built 1978, building size 3,625 sqft, lot size 1 acres, stories 1. Listed by Eric Vu of Anchor Point Capital on LoopingCloud and last updated July 23, 2026.

Prime Single-Tenant Investment: Absolute NNN Shell Gas Station in Oklahoma City MSA, OK

Executive Summary

Anchor Point Capital is pleased to present an exclusive single-tenant net lease (STNL) commercial real estate opportunity: an Absolute NNN Shell Gas Station & Convenience Store situated in a high-demand retail market within the Oklahoma City Metropolitan Statistical Area (MSA). Offering a completely passive income stream with zero landlord responsibilities, this prime asset is secured by a long-term 20-year primary lease with approximately 15 years of remaining term.

The lease is backed by a robust corporate guaranty from MSM Stores, Inc.—a highly experienced regional operator with over two decades of industry leadership and a footprint of more than 60 locations. Featuring built-in 10% rental increases every 5 years and a strategic position as the only fueling facility within a 7-mile radius, this property offers long-term cash flow stability, inflation protection, and potential Bonus Depreciation tax benefits (consult your CPA) through fee simple land and building ownership.

Investment Highlights

  • 100% Passive Income Structure: True Absolute NNN lease terms require zero management, repair, or maintenance obligations from the property owner.

  • Dependable Cash Flow: Currently generates a stable Net Operating Income (NOI of $58,159) with zero income leakage.

  • Hedge Against Inflation: Built-in 10% rental escalations every 5 years ensure steady compounding growth through the primary term and extension options.

  • Long-Term Lease Security: ~15 years remaining on the initial 20-year lease term (expiring 07/31/2040) plus two (2) additional 5-year renewal options.

  • Seasoned & Established Tenant: Corporate-backed guaranty by MSM Stores, Inc., an enterprise with 20+ years of successful operating experience across 60+ retail sites.

  • Exclusive Market Capture: Enjoys a near-monopoly market dynamic as the sole gas station and C-store operating within a 7-mile radius.

  • Tax Advantage Potential: Fee simple ownership of both the 3,625-square-foot building and 0.64-acre land allows eligible investors to leverage accelerated/bonus depreciation.

Property & Lease Specifications

Feature Property Details
Asset Name / Brand Absolute NNN Shell Gas Station
Guarantor MSM Stores, Inc. (60+ Locations)
Property Type Retail (Convenience Store / Gas Station)
Building Size 3,625 Sq. Ft. (4 Fueling Lanes)
Lot Size 0.64 Acres
Year Built 1978
Net Operating Income (NOI) $58,159
Tenancy Single-Tenant
Lease Type Absolute NNN (Zero Landlord Responsibilities)
Lease Term 20 Years Original (~15 Years Remaining)
Lease Commencement July 1, 2020
Lease Expiration July 31, 2040
Rent Escalations 10% Increases Every 5 Years
Renewal Options Two (2) 5-Year Options
Ownership Interest Fee Simple (Land & Building)

Location Analysis & Market Drivers: Oklahoma City MSA

Main Street Civic & Education Hub

Positioned directly on Main Street near City Hall, the asset sits at the municipal core of the trade area. Surrounded by local civic buildings, public facilities, and schools, the site generates continuous daily foot traffic and vehicle stops from local government employees, school staff, and parents.

Captive Market with Essential Local Demand

Because the vast majority of local residents commute daily for work and alternative options are sparse, fuel and convenience demand at this location remains exceptionally steady. Serving as the only fuel station within a 7-mile radius, the property captures a captive customer base for both fuel refills and daily convenience retail.

Tax Benefits via Bonus Depreciation

Commercial real estate investors acquiring fee simple gas station properties with dedicated convenience store space and canopy infrastructure may be eligible to take advantage of Bonus Depreciation or accelerated cost recovery strategies under current tax laws (investors should confirm eligibility with a certified CPA).

Exclusive Listing Team Contact

To request the full Offering Memorandum (OM), lease summary, or property details, please contact the listing brokers at Anchor Point Capital:

  • Ned Skinner | nskinner@anchorpointcapital.com

  • Jacob Sparks | jsparks@anchorpointcapital.com

  • Brokerage: Anchor Point Capital

Key highlights

  • Net Lease Investment
  • Tenancy Single
  • Brand/Tenant Shell
  • Lease Type Absolute NNN
  • Lease Term 20
  • Lease Expiration 07/31/2040
  • Remaining Term 15
  • 10% Rental Increases Every 5 Years

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1978
Building Size
3,625 sqft
Lot Size
1 acres
Stories
1
Total Units
1
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$58,159
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

7.34%
Cap rate
$58,159
Net operating income
$219
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$15K$30K$45K$60KGross income -Net operating income $58,1592026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$58,159--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $792,350 - - - -

Features and amenities

Property Features

  • Tenancy: Single
  • Brand/Tenant: Shell
  • Lease Type Absolute: NNN
  • Lease Term: 20
  • Lease Expiration: 07/31/2040
  • Remaining Term: 15

Highlights

  • Absolute NNN Lease; Zero Landlord Responsibilities
  • 15 Years Remaining on Primary Term with Two 5-Year Renewal Options
  • 10% Rental Increases Every 5 Years

Location

Address as shown by the lister.

Get directions

About this area - Agra

Population
1,052
Housing units
446
Land area
33.2 sq mi
County
Lincoln

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Additional contacts

3 people to reach
  • Ned Skinner - nskinner@anchorpointcapital.comVice President of Advisory Services - CA 02160283 (714) 264-2454
  • Chandler Dignam - cdignam@anchorpointcapital.comSr VP of Advisory Services - License #: 02110072 (714) 928-9617
  • jacob Sparks - jsparks@anchorpointcapital.comInvestment Analyst - 02229082 (859) 620-3351

Frequently asked questions

What is the asking price of Shell Gas Station?

Shell Gas Station is listed at $792,350. That works out to about $219 per square foot. The stated cap rate is 7.34%.

Where is Shell Gas Station located?

The property is in 21 Main Street, Agra, Oklahoma 74824, Lincoln County.

What type of property is this?

This is a convenience stores and gas station for sale in the commercial category.

How big is the property?

The building is 3,625 sqft. The lot is 1 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Eric Vu of Anchor Point Capital listed this property. Use the Request Info button to send a message or call (949) 667-1077.

When was this listing published?

It was published on July 23, 2026 and last updated on July 23, 2026.

Listing information

Listing ID
CL-Oklahoma-28067
Published
Jul 23, 2026
Last updated
Jul 23, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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