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2738 E 91st St
Tulsa, OK 74137
GPM Investments · Retail Property For Sale


Executive Summary
LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 18 years remaining in the primary term and six (6) five-year renewal options.
STRONG CORPORATE GUARANTEE: The lease is backed by GPM Investments, a leading convenience store operator with approximately 1,400+ company-operated locations and a broader network exceeding 3,000 sites nationwide
RENTAL INCREASES: Lease offers 2% annual increases providing a strong hedge against inflation.
BONUS DEPRECIATION: The asset is eligible for 100% bonus depreciation, enabling accelerated depreciation and improved early-year cash flow.
ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
AFFLUENT LOCAL DEMOGRAPHICS: Site benefits from an average household income of over $104,000 within 5 miles.
NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Walmart Neighborhood Market, Home Depot, Kohl’s, and Five Guys
STRONG CORPORATE GUARANTEE: The lease is backed by GPM Investments, a leading convenience store operator with approximately 1,400+ company-operated locations and a broader network exceeding 3,000 sites nationwide
RENTAL INCREASES: Lease offers 2% annual increases providing a strong hedge against inflation.
BONUS DEPRECIATION: The asset is eligible for 100% bonus depreciation, enabling accelerated depreciation and improved early-year cash flow.
ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
AFFLUENT LOCAL DEMOGRAPHICS: Site benefits from an average household income of over $104,000 within 5 miles.
NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Walmart Neighborhood Market, Home Depot, Kohl’s, and Five Guys
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,016 SF
Building Class
C
Year Built
2002
Price
$2,300,690
Price Per SF
$762.83
Cap Rate
6%
NOI
$138,041
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Zoning
CS
Parking
25 Spaces (8.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 70075-83-20-12920 | Improvements Assessment | $67,562 |
| Land Assessment | $48,092 | Total Assessment | $115,654 |
Property Taxes
Parcel Number
70075-83-20-12920
Land Assessment
$48,092
Improvements Assessment
$67,562
Total Assessment
$115,654
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