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
Site 55, 319 S Ken Miller, Longdale, OK
| 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 Ownership | Leased |
| County | Blaine |
| Zip Code | 73755 |
| Cross Streets | OK-58 & 7th |
| Approximate Lot Size | 21,780 sf |
| Approximate Building Size | 4,900 sf |
| Annual Property Taxes | $2,990 |
| Fuel Supply and Branding - Longdale | |
|---|---|
| Store Brand | Jiffy Trip (imaging will be removed upon sale) |
| Fuel Brand | Unbranded |
| Fuel Supplier | Seller |
| Fuel Supply Terms | Sold without supply contract |
| Portfolio Financial Performance (three-site package): Jan 1 - Dec 31, 2019 (12 months) | |
|---|---|
| Total Gasoline Gallons Sold | 802,507 |
| Total Diesel Gallons Sold | 600,649 |
| Total Fuel Gallons Sold | 1,401,137 |
| 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 Sold | 205,097 |
| Diesel Gallons Sold | 49,998 |
| Merchandise Sales | $971,733 |
| Other Net Income (ATM, Lottery Commission, Rebates, Mic.) | $24,887 |
| NNN Lease Terms | |
|---|---|
| Base Lease Term | 10 Years |
| Renewal Options | Four 5-year |
| Monthly Rent Schedule | Years 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. | |