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Convenience Stores with Gas, Truck Stops, Net Lease Investments, and Redevelopment Sites

IL, LA, MO, NJ, NY, NV, OK, TN, TX, WV & WY

3 Sites Available Now

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soldSite 55, 319 S Ken Miller, Longdale, OK
Site 55, 319 S Ken Miller, Longdale, OK×
Site 55, 319 S Ken Miller, Longdale, OK
Map
Property 18 of 22
Offering
Unbranded gas station with convenience store without supply contract (sold as part of three-site package)
Store Package Detail
Site #49 - 4416 W Doolin Avenue, Blackwell, OK (Property Information)

Site #54 - OK-58, Box 256, Helena, OK (Property Information)

Site #55 - 319 S Ken Miller, Londgale, OK (Property Information)

View all sites on a map here - Asset Map
Asking Price
$1,500,000 for three-site package
Property Information - Longdale
Property OwnershipLeased
CountyBlaine
Zip Code73755
Cross StreetsOK-58 & 7th
Approximate Lot Size21,780 sf
Approximate Building Size4,900 sf
Annual Property Taxes$2,990
Fuel Supply and Branding - Longdale
Store BrandJiffy Trip (imaging will be removed upon sale)
Fuel BrandUnbranded
Fuel SupplierSeller
Fuel Supply TermsSold without supply contract
Portfolio Financial Performance (three-site package): Jan 1 - Dec 31, 2019 (12 months)
Total Gasoline Gallons Sold802,507
Total Diesel Gallons Sold600,649
Total Fuel Gallons Sold1,401,137
Total Merchandise Sales$2,035,047
Total Other Net Income (ATM, Lottery Commission, Rebates, Mic.)$65,730
Longdale Store-Level Financial Performance: Jan 1 - Dec 31, 2019 (12 months)
Gasoline Gallons Sold205,097
Diesel Gallons Sold49,998
Merchandise Sales$971,733
Other Net Income (ATM, Lottery Commission, Rebates, Mic.)$24,887
NNN Lease Terms
Base Lease Term10 Years
Renewal OptionsFour 5-year
Monthly Rent ScheduleYears 1-10: $3,500
Option 1: $3,675
Option 2: $3,860
Option 3: $4,050
Option 4: $4,255
Viewing/Inspection
Inspection of the gas station may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING.
Offer Instructions
In order to receive the Bidding Package, please download the Confidentiality Agreement below and email a signed copy to salesteam@nrc.com.
Broker Information
NRC Realty & Capital Advisors of OK, LLC. Lic. #172852.
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