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

Shell Gas Station

224 E CHERRY ST, Cushing, Oklahoma 74023

$1,101,499
$1,288 / sq ft 7.34% cap rate Listed Jul 23, 2026
855 sqft
Building
0 acres
Lot
1979
Built
10
Stories
1
Units

About this property

Shell Gas Station is a convenience stores and gas station for sale in Cushing, Oklahoma, listed at $1,101,499. Key details: year built 1979, building size 855 sqft, lot size 0 acres, stories 10. Listed by Eric Vu of Anchor Point Capital on LoopingCloud and last updated July 23, 2026.

Prime Investment Opportunity: Absolute NNN Shell Gas Station in Cushing, OK (Stillwater MSA)

Executive Summary

Anchor Point Capital is pleased to present an exceptional single-tenant net lease investment opportunity in Cushing, Oklahoma, within the thriving Stillwater Metropolitan Statistical Area (MSA). Featuring a long-term Absolute NNN Lease with zero landlord responsibilities, this property is anchored by a national flagship tenant (Shell) and backed by a strong corporate guaranty from MSM Stores, Inc.—an experienced operator managing over 60 locations with a 20+ year track record of operational excellence.

This offering includes fee simple ownership of an 855-square-foot convenience store featuring 4 fueling lanes situated on a 0.48-acre parcel. With over 14 years of primary lease term remaining, built-in 10% rental increases every five years, and potential Bonus Depreciation tax benefits (consult your CPA), this asset delivers stable, hands-off passive income in a crucial U.S. energy hub.

Investment Highlights

  • Zero Landlord Responsibilities: True Absolute NNN lease terms require zero operational, maintenance, or repair obligations from the owner.

  • Strong Cash Flow Security: Features a 7.34% Cap Rate with an initial Net Operating Income (NOI) of $80,850.

  • Long-Term Lease Structure: Over 14 years remaining on the primary term (expiration 07/31/2040) with two (2) additional 5-year renewal options.

  • Inflation-Hedge Rent Growth: 10% rental rate increases every 5 years hedge against inflation and maximize long-term yield.

  • Experienced & Proven Operator: Guaranteed by MSM Stores, Inc., a premier regional operator with 60+ locations and 20+ years of industry leadership.

  • Fee Simple Land & Building Ownership: Full ownership of both land and structure unlocks potential accelerated/bonus depreciation tax strategies.

  • Strategic Energy Sector Location: Located in Cushing, OK—globally recognized as the "Pipeline Crossroads of the World."

Detailed Property Specifications

Property Parameter Details
Property Name / Tenant Absolute NNN Shell Gas Station
Guarantor MSM Stores, Inc. (60+ Locations)
APN 600002711
Property Type Retail (Convenience Store / Gas Station)
Building Size (Sq. Ft.) 855 SF
Lot Size (Acreage) 0.48 Acres
Year Built 1979
Cap Rate 7.34%
Net Operating Income (NOI) $80,850
Occupancy 100%
Tenancy Single Tenant
Lease Type Absolute NNN (Zero Landlord Responsibilities)
Lease Commencement August 1, 2020
Lease Expiration July 31, 2040
Primary Term Remaining ~14.4 Years
Rental Increases 10% Escalations Every 5 Years
Renewal Options Two (2) 5-Year Options

Location & Market Overview: Cushing, OK (Stillwater MSA)

The "Pipeline Crossroads of the World"

Cushing, Oklahoma holds an irreplaceable position in the global energy infrastructure as the primary physical delivery and pricing point for West Texas Intermediate (WTI) crude oil in the United States.

  • Massive Storage Capacity: The local ecosystem features surrounding tank farms with approximately 90 million barrels of crude oil storage capacity, creating a rock-solid, recession-resilient local economy anchored by energy sector professionals.

  • Major Infrastructure Expansion: The area has been selected for a transformative $5.6 Billion "next-generation" refinery project, which is projected to generate over $13 Billion in economic benefit across its first decade and bring thousands of job opportunities to the region.

  • Robust Regional Workforce: Supported by a broad regional labor force exceeding 180,000 workers within a 30-mile radius, driven by high-performing sectors in energy, agribusiness, logistics, and advanced manufacturing.

Contact Information

For full offering memorandums, financial analyses, or property tours, please reach out to the exclusive listing brokers:

  • Ned Skinner | nskinner@anchorpointcapital.com

  • Jacob Sparks | jsparks@anchorpointcapital.com

  • Brokerage: Anchor Point Capital

Key highlights

  • Occupied
  • Net Lease Investment
  • APN 600002711
  • Tenancy Single
  • Brand/Tenant Shell
  • Lease Type Absolute NNN
  • Lease Term 20
  • Lease Expiration 07/31/2040
  • Remaining Term 14.4
  • Rent Bumps Yes

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
1979
Building Size
855 sqft
Lot Size
0 acres
Stories
10
Total Units
1
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$80,850
Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

7.34%
Cap rate
$80,850
Net operating income
$1,288
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 $80,8502026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$80,850--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $1,101,499 7.34% - - -

Features and amenities

Property Features

  • APN: 600002711
  • Tenancy: Single
  • Brand/Tenant: Shell
  • Lease Type: Absolute NNN
  • Lease Term: 20
  • Lease Expiration: 07/31/2040
  • Remaining Term: 14.4
  • Rent Bumps: Yes
  • Lease Options: 2 - 5 Yr
  • Lease Commencement: 08/01/2020

Highlights

  • Cushing, OK is the “Pipeline Crossroads of the World”; the Primary Physical Delivery and Pricing hub for West Texas Intermediate crude oil in the U.S
  • Major crude oil hub with ~90 million barrels of storage capacity in surrounding tank farms, supporting a large, stable energy‐sector presence
  • Strong employment base in energy, agribusiness, and manufacturing, supported by a regional workforce of ~180,000 within a 30‑mile radius
  • $5.6B “next‑generation” refinery announced for Cushing, projected to create jobs and generate an estimated Over $13B in economic benefits in its first decade

Location

Address as shown by the lister.

Get directions

About this area - Cushing

Population
12,037
Housing units
5,139
Land area
172.5 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 $1,101,499. That works out to about $1,288 per square foot. The stated cap rate is 7.34%.

Where is Shell Gas Station located?

The property is in 224 E CHERRY ST, Cushing, Oklahoma 74023, 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 855 sqft. The lot is 0 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-28063
Published
Jul 23, 2026
Last updated
Jul 23, 2026

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