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Convenience Store with Fuel Lanes
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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 Size2,784 SF
Lot Size0.60 Acres
Price / SF$502.33
Days on Market131

Property Features for 706 East Broadway Street

General Information

Standard status Active
Size 2,784 SF
Lot size 0.60 Acres
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $102,656

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1980
Stories 1
Units 1
Tenancy Single
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Apr 28 Changed: Sep 3 Last Checked: Sep 2 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anchor Point Capital

Investment Insights

Based on property information with market context.

This single-tenant convenience store is offered as a fee simple investment featuring 2,784 square feet and a fuel program with six fueling lanes on 0.60 acres. The property is described as having an absolute NNN lease structure, with zero landlord responsibilities, and includes a strong lease guaranty tied to MSM Stores, Inc. with 20+ years of operating history and 60+ locations.

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

InnovateSpaces Bathroom Remodeling Renovation Specialist Maveric Mini Marts Grocery & Convenience Store Shell Gas Station LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Drumright Shops & Services
13,792 visits/mo 0.2 miles
Dollar General Shops & Services
4,495 visits/mo 0.1 miles

Demographics for 74030, OK

3,529
Population
1,675
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
51
Density / Sq Mi
$42,208
Median Household Income
$37,839
Median Earnings
$523
Median Rent
$90,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Single-tenant convenience store with six fueling lanes under an absolute NNN lease with extended remaining term.
Where is this gas station located?
The property is located at 706 East Broadway Street Drumright, OK.
What is the asking price?
The asking price for this property is $1,398,500.
What are key features of this property?
This property features: 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.
More about this property
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