706 East Broadway Street, Drumright, OK 74030
Single-tenant convenience store with six fueling lanes under an absolute NNN lease with extended remaining term.
Property Features for 706 East Broadway Street
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The lease is reported to have 15 years remaining on the primary term, plus two additional 5-year renewal options. Rental increases are described as 10% every five years. The asset is located at the intersection of State Highways 16, 33, and 99, providing regional connectivity and steady pass-through traffic, and it is noted to have strong frontage and visibility along Broadway.
Please note that the property is stated to qualify for bonus depreciation; prospective purchasers should consult their tax professional for details.
Key Highlights
- 2,784 SF single‑tenant convenience store with 6 fueling lanes on 0.60 acres (fee simple) and building ownership.
- Absolute NNN lease structure with zero landlord responsibilities.
- 15 years remaining on the primary lease term plus two 5‑year renewal options.
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 74030, OK
Market
Vacancy Rate% for Retail in South region