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Auto Service - Gas-Conv

Valero - Ringling Oklahoma

31335 US Highway 70, Ringling, OK 73456

Listing Price: $700,000

Cap Rate
8.52%
Tenant Name
Valero
Years Remaining On Lease
0.1
Gross SF
4,100
Guarantor
No Guarantee
Rentable SF
2,400
Price/Gross SF
$170.73
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a Valero gas station and convenience store, located in Ringling, Oklahoma. The property consisting of a 3,010 SF convenience store on .57 acres at the intersection of Highway 70 and South 5th Street, offers a new investor the opportunity to acquire the real estate and gas station business operating under the Valero brand. A new owner has the immediate upside of increasing revenues by utilizing its 300-square foot kitchen and adding lottery sales, which are currently not being offered.

Investment Highlights

  • Conveniently located by Major Highway 70
  • Value Ad for Cash flow increase
  • Recently Renovated

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Financing By

Auto Service - Gas-Conv

Valero - Ringling Oklahoma

Listing Price: $700,000

Cap Rate
8.52%
Tenant Name
Valero
Years Remaining On Lease
0.1
Gross SF
4,100
Guarantor
No Guarantee
Rentable SF
2,400
Price/Gross SF
$170.73
Lease Type
Triple Net (NNN)

Investment Highlights

  • Conveniently located by Major Highway 70
  • Value Ad for Cash flow increase
  • Recently Renovated

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a Valero gas station and convenience store, located in Ringling, Oklahoma. The property consisting of a 3,010 SF convenience store on .57 acres at the intersection of Highway 70 and South 5th Street, offers a new investor the opportunity to acquire the real estate and gas station business operating under the Valero brand. A new owner has the immediate upside of increasing revenues by utilizing its 300-square foot kitchen and adding lottery sales, which are currently not being offered.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

Financing By

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