601 S Main St - Freestanding FOR SALE


Eufaula, OK 74432
$2,565,114 USD
781-776-4006
601 S Main St, Eufaula, OK for Sale
$2,565,114 USD
Freestanding - FOR SALE
1/9
null | 7% Cap Rate

601 S Main St
Eufaula, OK 74432


HIGHLIGHTS

  • ATTRACTIVE RENT INCREASES
  • ZERO LANDLORD RESPONSIBILITIES
  • STRONG OPERATOR
  • STRATEGIC RETAIL LOCATION
  • AREA AMENITIES
  • GREAT RETAIL TRADE AREA

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant Phillips 66 (GPM Investments) located at 601 S Main Street in Eufaula, Oklahoma (“the Property”). The Property consists of a 3,378 square foot freestanding building with 8 fueling stations on a 0.93-acre parcel of land. Phillips 66 (GPM Investments) has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and each of the renewal options. Phillips 66 (GPM Investments) occupies a prominent location along South Main Street, a primary commercial and commuter corridor serving Eufaula and the surrounding area. The Property benefits from excellent visibility and accessibility within Eufaula’s established retail corridor and is surrounded by a mix of national and local retailers and restaurants that generate steady daily traffic. The site is located just moments from Eufaula High School and the shores of Lake Eufaula, the largest lake located entirely within Oklahoma, a major recreational destination that attracts significant seasonal tourism and visitor activity. Nearby residential neighborhoods and area hotels further support a stable built-in customer base. In addition, the Property offers convenient access to OK Route 9, US Highway 69, and Lake Eufaula Casino Hotel, providing strong regional connectivity and consistent consumer traffic. Eufaula is strategically positioned approximately 85 miles south of Tulsa and 120 miles east of Oklahoma City.

FOR SALE DETAILS

PRICE

$2,565,114 USD

PRICE/SF

$769 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GPM Investments

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

1300-00-000-009-0-000-00

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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