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Property profile & analytics
OFF-MARKET Estimated value $2,065,000
Car washes

601 Main St Eufaula, OK 74432-3301

3,576 SF 0.81 ac lot Built 1998
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US69-1702535
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, absolute NNN leased convenience store and gas station in Eufaula, Oklahoma. The property, totaling 3,336 square feet on a 0.89-acre lot, is leased to GPM Investments, LLC, a subsidiary of ARKO Corp (NASDAQ: ARKO), a Fortune 500 company and major convenience store operator. The current lease boasts a 7.6-year remaining term (expiring June 30, 2032), with four to five-year renewal options and 1.5% annual rent increases. The property generates a strong net operating income (NOI) of $174,290, resulting in a 7.00% cap rate. Built in 1998, this 100% occupied property offers a passive investment strategy with significant upside potential due to the tenant's strong financial performance and market position. The asking price is $2,490,000, translating to $746.40 per square foot. The absolute NNN lease structure shifts all property expenses to the tenant, minimizing owner responsibilities. This presents a compelling opportunity for investors seeking a stable, high-yield, and low-maintenance commercial real estate investment. The property's location at 601 S Main St, Eufaula, OK 74432, ensures high visibility and accessibility. The fee simple ownership structure allows for depreciation benefits, further enhancing the investment's attractiveness.

Property profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 1998
Total area 3,576 SF
Lot 0.81 ac (35,370 SF)
APN 1300-00-000-009-0-000-00
UPID US69-1702535
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.07M
Owner & transaction history
Fsc Epp Eufaula Ok LLC · 7 yrs held
Fsc Epp Eufaula Ok LLC
since 2019
Last sale
$2.2M
4 recorded transactions
2019
$2.1M
2017
Price N/A
2017
$2.1M
2008
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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