Convenience Store with Fuel
706 East Broadway Street Drumright, OK 74030
706 East Broadway Street, Drumright, OK, 74030
Contact for pricing
For Sale
Contact for pricing
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 Market85
Property Features for 706 East Broadway Street
General Information
- Standard status
- Active
- Size
- 2,784 SF
- Lot size
- 0.60 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing agency
Anchor Point Capital
Listed by
Eric Vu · License #01913407
Source
Crexi
Added: Apr 28 Updated: Jul 20 at 4:54PM Checked: Jul 20 at 4:54PM
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.
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
Location Intelligence
Current Use by Public Records
InnovateSpaces Bathroom Remodeling
Renovation Specialist
Maveric Mini Marts
Grocery & Convenience Store
Shell
Gas Station
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
FAQs
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.
