211 North Rose Avenue, Glencoe, Oklahoma 74032
Shell Gas Station is a convenience stores and gas station for sale in Glencoe, Oklahoma, listed at $1,209,200. Key details: year built 1978, building size 2,742 sqft, lot size 1 acres, total units 1. Listed by Eric Vu of Anchor Point Capital on LoopingCloud and last updated July 23, 2026.
Anchor Point Capital is pleased to present an exclusive single-tenant net lease (STNL) investment opportunity featuring an Absolute NNN Shell Gas Station & Convenience Store situated on a prominent Main Street parcel within Oklahoma. Offering complete passive income with zero landlord responsibilities, this prime retail asset is backed by a strong lease guaranty from MSM Stores, Inc.βan established regional operator with over 20 years of operational experience across 60+ locations.
The property features a long-term 20-year primary lease with 15 years of term remaining, built-in 10% rental increases every 5 years to hedge against inflation, and fee simple ownership that qualifies for Bonus Depreciation tax benefits (consult your CPA). Operating as the only fueling station within a 7-mile radius, this high-demand location serves as a vital community hub surrounded by local civic centers, schools, and heavy commuter traffic.
Zero Landlord Obligations: True Absolute NNN lease structure with no operational, maintenance, or capital expenditure responsibilities for the property owner.
Stable Cash Flow: Generates a solid Net Operating Income (NOI of $88,757) with predictable, long-term rental income.
Inflation Protection: Features built-in 10% rental escalations every 5 years throughout the primary term and renewal periods.
15 Years Remaining on Primary Term: Long-term lease security running through July 31, 2040, with two (2) additional 5-year extension options.
Strong & Seasoned Guarantor: Leased to MSM Stores, Inc., a proven operator with 20+ years of successful operating history and a growing footprint of 60+ stores.
Monopoly-Like Market Position: Captures local demand as the only gas station and convenience store within a 7-mile radius.
Fee Simple Land & Building Ownership: Ownership of both land and physical structure unlocks potential accelerated depreciation tax benefits.
| Feature | Property Details |
| Property / Tenant | Absolute NNN Shell Gas Station |
| Guarantor | MSM Stores, Inc. (60+ Locations) |
| APN | 600004128 |
| Property Type | Retail (Convenience Store / Gas Station) |
| Gross Building Area | 2,742 β 3,625 SF |
| Lot Size | ~0.64 β 0.74 Acres |
| Net Operating Income (NOI) | $88,757 |
| Occupancy | 100% |
| Tenancy | Single-Tenant |
| Lease Type | Absolute NNN (Zero Landlord Responsibilities) |
| Lease Term | 20 Years Original (15 Years Remaining) |
| Lease Commencement | August 1, 2020 |
| Lease Expiration | July 31, 2040 |
| Rent Escalations | 10% Increases Every 5 Years |
| Renewal Options | Two (2) 5-Year Options |
Situated on Main Street near City Hall, the asset sits directly at the civic and educational center of the municipality. Its position along a primary local arterial makes it a daily stopping point for city employees, school staff, parents, and local residents.
Because the vast majority of local residents commute for work and this site stands as the sole fueling location within a 7-mile radius, the station experiences consistently strong throughput and daily convenience store customer traffic.
Due to the fee simple nature of gas station properties with dedicated convenience store space and fuel canopy infrastructure, qualified buyers may take advantage of Bonus Depreciation or accelerated cost recovery strategies under current tax laws (investors should verify eligibility with a certified tax professional).
To request the full Offering Memorandum (OM), financial reports, or location details, please contact the exclusive brokers:
Ned Skinner | nskinner@anchorpointcapital.com
Jacob Sparks | jsparks@anchorpointcapital.com
Brokerage: Anchor Point Capital
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Source: Yearly tax returns
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2026 | - | - | - | $88,757 | - | - |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,209,200 | - | - | - | - |
Address as shown by the lister.
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Shell Gas Station is listed at $1,209,200. That works out to about $441 per square foot. The stated cap rate is 7.34%.
The property is in 211 North Rose Avenue, Glencoe, Oklahoma 74032, Payne County.
This is a convenience stores and gas station for sale in the commercial category.
The building is 2,742 sqft. The lot is 1 acres.
The lister indicates: Third Party Financing.
Eric Vu of Anchor Point Capital listed this property. Use the Request Info button to send a message or call (949) 667-1077.
It was published on July 23, 2026 and last updated on July 23, 2026.
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