Monfort Gas Station | Alex, OK
Sands Investment Group is Pleased to Exclusively Offer For Sale a 3,214 SF Monfort Gas Station Absolute NNN Asset Located at 601 OK-19 in Alex, Oklahoma. This Deal Includes a 13 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Long Operating History at the Site & the Tenant Recently Executed a New Lease, Evidencing Their Commitment to the Location Long-Term, Providing For a Secured Investment.
- Extremely Strong Tenant: the Lease is Guaranteed By a Division of Monfort Companies, Who Are One of the Only 7-Eleven Franchisees in the Country, Part Owners of the Colorado Rockies (MLB), as Well as Being Large-Scale Investors in Commercial Real Estate, Energy, Aviation, Agriculture and Many More
- 13 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Features 10% Increases Every 5 Years With 4 x 5 Year Options; the Operator Has More Than 80 Stores Across Colorado, Texas, Minnesota, Oklahoma and Wisconsin
- Long Operating History at the Site & the Tenant Recently Executed a New Lease, Evidencing Their Commitment to the Location Long-Term
- Intrinsic Value Asset With Accelerated Depreciation Capability – 3,214 Square Feet C-Store on a 0.36-Acre Parcel Containing 17 Parking Spaces, Providing Chisholm Corner With the Ability to Effectively Handle High Customer Volume
- Located Less Than an Hour From OKC, the Largest City in the State, With a Population of 700,000 People
- More Than 4,500 Vehicle Per Day on Oklahoma State Highway 19 With an Additional 2,200+ Vehicles Per Day on Nearby Main Street
- Less Than 1-Mile From Alex Elementary, Alex Junior High & Alex High School With a Combined 376 Students Enrolled
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
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