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

Shell Gas Station

211 North Rose Avenue, Glencoe, Oklahoma 74032

$1,209,200
$441 / sq ft 7.34% cap rate Listed Jul 23, 2026
2,742 sqft
Building
1 acres
Lot
1978
Built
1
Units

About this property

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.

Single-Tenant Absolute NNN Shell Gas Station & Convenience Store | Oklahoma MSA Investment

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.β€”an 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.

Investment Highlights

  • 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.

Property & Lease Specifications

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 – 3,625 SF
Lot Size ~0.64 – 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

Prime Main Street Location & Regional Market Drivers

Strategic Local Infrastructure

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.

Captive Customer Base & Strong Local Demand

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.

Accelerated Tax Advantages

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).

Contact Information

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

  • Net Lease Investment
  • 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
2,742 sqft
Lot Size
1 acres
Total Units
1
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$88,757
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

7.34%
Cap rate
$88,757
Net operating income
$441
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$22.5K$45K$67.5K$90KGross income -Net operating income $88,7572026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$88,757--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,209,200 - - - -

Features and amenities

Highlights

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

Location

Address as shown by the lister.

Get directions

About this area - Glencoe

Population
1,817
Housing units
816
Land area
106.1 sq mi
County
Payne

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

Frequently asked questions

What is the asking price of Shell Gas Station?

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%.

Where is Shell Gas Station located?

The property is in 211 North Rose Avenue, Glencoe, Oklahoma 74032, Payne 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 2,742 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-28065
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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