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Chisholm Corner Gas Station - Alex, OK 601 Ok-19 3,214 SF Retail Building Alex, OK 73002 $2,904,884 CAD ($903.82 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Structured with zero landlord responsibilities, offering passive and predictable income for ownership.
- 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
- Gas stations and convenience stores are e-commerce resistant and recession resilient, providing essential goods and services.
- Operated by Diamond Jubilee Oil, LLC under a master lease assigned in February 2026.
- The tenant has successfully operated at this location for years and recently executed a new lease, demonstrating long-term commitment to the site.
- The site is anchored by a Subway franchise on the parcel, driving incremental food and fuel cross-shopping traffic.
Executive Summary
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
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,214 SF
Building Class
C
Year Built
1985
Price
$2,904,884 CAD
Price Per SF
$903.82 CAD
Cap Rate
7.50%
NOI
$217,866 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.36 AC
Zoning
C - Commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Diamond Jubilee Oil, LLC
- Retailer
- 3,214 SF
- $67.78 CAD
- Dec 2042
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Diamond Jubilee Oil, LLC | Retailer | 3,214 SF | $67.78 CAD | Dec 2042 |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | X001-00-041-001-0-000-00 | Improvements Assessment | $53,009 CAD |
| Land Assessment | $28,400 CAD | Total Assessment | $81,409 CAD |
Property Taxes
Parcel Number
X001-00-041-001-0-000-00
Land Assessment
$28,400 CAD
Improvements Assessment
$53,009 CAD
Total Assessment
$81,409 CAD
Contacts
-
Jeremy Bartlett -
Michael Gonzalez -
Max Freedman -
Sands Investment Group Austin, LLC
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Chisholm Corner Gas Station - Alex, OK | 601 Ok-19
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