719 S Highway 81 - Service Station FOR SALE


Duncan, OK 73533
$1,421,918 USD
847-562-0003
719 S Highway 81, Duncan, OK for Sale
$1,421,918 USD
Service Station - FOR SALE
1/2
null | 7.35% Cap Rate

719 S Highway 81
Duncan, OK 73533


HIGHLIGHTS

  • Quali?es for 100% bonus depreciation – Consult with your tax advisor
  • NNN – No landlord responsibilities
  • Long-term lease through December 2037
  • 24-hour location
  • Signalized hard corner location along US Highway 81 (18,500 VPD)
  • Average household income within ten miles exceeds $84,000

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chisholm Corner located in Duncan, Oklahoma. The tenant recently signed a 13-year lease through December 2037 demonstrating commitment to the site. The lease is absolute triple net and features no landlord responsibilities. There are 10% rental escalations throughout the primary term and four 5-year renewal options. The next increase is scheduled to occur in January 2028. The lease features a corporate guaranty from 7E CO Holdings, a subsidiary of Monfort Companies that operates 78 c-stores. As a fuel station asset, the property is eligible for 100% bonus depreciation. The 2,337 square-foot building is located along US Highway 81 which experiences more than 18,500 vehicles per day and is a primary corridor through Duncan. The property operates 24/7 and bene?ts from the immediate proximity State Highway 7 (10,000 VPD). The property is within driving distance of several local traffic drivers including NAPA Auto Parts, Duncan High School (1,000 students), DRH Health Hospital (110 beds), Stephens County Fairgrounds, Duncan Municipal Airport, a Family Dollar Distribution Center, and the Halliburton Manufacturing Center. There are more than 33,000 people living within ten miles of the property. Those of which earn an average household income in excess of $84,000. Chisholm Corner is a regional convenience store chain that began in 2000 with its ?rst location along the historic Chisholm Trail in Duncan, Oklahoma. The company has grown to operate 19 stores across Southwest Oklahoma and North Central Texas, offering high-quality fuels, a variety of snacks, deli options, full fountain bars, and drive-thru services at most locations. Committed to providing clean, welcoming facilities and friendly customer service, Chisholm Corner emphasizes convenience and community engagement. In December 2022, the chain was acquired by 7E CO Holdings LLC, a division of Monfort Companies, expanding their portfolio to 78 stores while retaining the Chisholm Corner brand.

FOR SALE DETAILS

PRICE

$1,421,918 USD

PRICE/SF

$608 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chisholm Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C1

APN/PARCEL ID

1999-06-01S-07W-4-013-00

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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