224 E CHERRY ST, Cushing, Oklahoma 74023
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.
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.
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."
| 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 |
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.
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
| 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 | - | - | - | $80,850 | - | - |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,101,499 | 7.34% | - | - | - |
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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%.
The property is in 224 E CHERRY ST, Cushing, Oklahoma 74023, Payne County.
This is a convenience stores and gas station for sale in the commercial category.
The building is 855 sqft. The lot is 0 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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