601 Ok-19 - Convenience Store FOR SALE


Alex, OK 73002
$2,099,587 USD
512-885-3634
601 Ok-19, Alex, OK for Sale
$2,099,587 USD
Convenience Store - FOR SALE
1/5
null | 7.5% Cap Rate

601 Ok-19
Alex, OK 73002


HIGHLIGHTS

  • Structured with zero landlord responsibilities, offering passive and predictable income for ownership.
  • Operated by Diamond Jubilee Oil, LLC under a master lease assigned in February 2026.
  • Backed by City Mart Energy LLC, an experienced regional fuel wholesaler, in addition to a personal guaranty from the owner of Diamond Jubilee Oil, LLC
  • The tenant has successfully operated at this location for years and recently executed a new lease, demonstrating long-term commitment to the site.
  • Gas stations and convenience stores are e-commerce resistant and recession resilient, providing essential goods and services.
  • The site is anchored by a Subway franchise on the parcel, driving incremental food and fuel cross-shopping traffic.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 3,214 SF Chisholm Corner Gas Station located at 601 OK-19 in Alex, OK. This investment is secured by a ~17-year Absolute Triple Net (NNN) Lease, offering zero landlord responsibilities and a truly passive ownership structure. The property benefits from a long operating history at the site, and the tenant’s recent execution of a new lease underscores their long-term commitment to the location, making this a compelling and stable investment opportunity. In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754

FOR SALE DETAILS

PRICE

$2,099,587 USD

PRICE/SF

$653 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chisholm Corner Gas Station - Alex, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

C

APN/PARCEL ID

X001-00-041-001-0-000-00

ASK ABOUT THIS PROPERTY

Jeremy BartlettSands Investment Group Austin, LLCMore Info
512-885-3634

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Jeremy BartlettSands Investment Group Austin, LLCMore Info
512-885-3634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.