1001 Harvey Rd Seminole, OK 74868-3588
This exceptional investment opportunity presents a fee-simple Sinclair Gas Station and convenience store in Seminole, Oklahoma. Boasting a new 20-year absolute NNN lease commencing March 1, 2025, and expiring February 28, 2045, this property offers significant long-term stability. The 1,716 square foot convenience store features eight fuel pumps and benefits from a prime location at a hard corner intersection on Harvey Road, a key industrial corridor. The property's strategic positioning along Harvey Road and Highway 123 provides excellent visibility and accessibility, with proximity to major transportation routes including US Hwy 377/OK-99 and Interstate 40. The strong tenant, an experienced Oklahoma operator with over 30 units, ensures consistent performance, further enhanced by annual 2% rent bumps. The property sits on a 0.43-acre lot and was built in 1987. The current Net Operating Income (NOI) is $200,000, representing an 8.00% cap rate on the $2,500,000 asking price. The lease includes 4-5 year renewal options. This single-tenant, single-story building is situated near 125 residential units, providing a strong customer base. The property's location within Seminole, a city with historical ties to the oil and gas industry, ensures consistent traffic and demand. This investment qualifies for bonus depreciation. This is a rare opportunity to acquire a high-performing, low-maintenance asset with exceptional long-term growth potential.
-
Cedar Creek Mobile Home and Rv Park Campground & RV Park
-
Sinclair Gas Station Gas Station
-
My-T-Quick Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.