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GPM Investments 601 S Main St 3,378 SF Retail Building Eufaula, OK 74432 $2,565,114 ($759.36/SF) 7% Cap Rate



Investment Highlights
- ATTRACTIVE RENT INCREASES
- STRONG OPERATOR
- AREA AMENITIES
- ZERO LANDLORD RESPONSIBILITIES
- STRATEGIC RETAIL LOCATION
- GREAT RETAIL TRADE AREA
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant Phillips 66 (GPM Investments) located at 601 S Main Street in Eufaula, Oklahoma (“the Property”). The Property consists of a 3,378 square foot freestanding building with 8 fueling stations on a 0.93-acre parcel of land. Phillips 66 (GPM Investments) has 6+ years remaining on its Absolute NNN Lease with four (4), 5-year renewal options. The lease calls for attractive 1.5% annual rent increases throughout the primary lease term and each of the renewal options.
Phillips 66 (GPM Investments) occupies a prominent location along South Main Street, a primary commercial and commuter corridor serving Eufaula and the surrounding area. The Property benefits from excellent visibility and accessibility within Eufaula’s established retail corridor and is surrounded by a mix of national and local retailers and restaurants that generate steady daily traffic. The site is located just moments from Eufaula High School and the shores of Lake Eufaula, the largest lake located entirely within Oklahoma, a major recreational destination that attracts significant seasonal tourism and visitor activity. Nearby residential neighborhoods and area hotels further support a stable built-in customer base. In addition, the Property offers convenient access to OK Route 9, US Highway 69, and Lake Eufaula Casino Hotel, providing strong regional connectivity and consistent consumer traffic. Eufaula is strategically positioned approximately 85 miles south of Tulsa and 120 miles east of Oklahoma City.
Phillips 66 (GPM Investments) occupies a prominent location along South Main Street, a primary commercial and commuter corridor serving Eufaula and the surrounding area. The Property benefits from excellent visibility and accessibility within Eufaula’s established retail corridor and is surrounded by a mix of national and local retailers and restaurants that generate steady daily traffic. The site is located just moments from Eufaula High School and the shores of Lake Eufaula, the largest lake located entirely within Oklahoma, a major recreational destination that attracts significant seasonal tourism and visitor activity. Nearby residential neighborhoods and area hotels further support a stable built-in customer base. In addition, the Property offers convenient access to OK Route 9, US Highway 69, and Lake Eufaula Casino Hotel, providing strong regional connectivity and consistent consumer traffic. Eufaula is strategically positioned approximately 85 miles south of Tulsa and 120 miles east of Oklahoma City.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,378 SF
Year Built
1998
Price
$2,565,114
Price Per SF
$759.36
Cap Rate
7%
NOI
$179,558
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.93 AC
Opportunity Zone
Yes
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1300-00-000-009-0-000-00 | Improvements Assessment | $60,385 |
| Land Assessment | $45,108 | Total Assessment | $105,493 |
Property Taxes
Parcel Number
1300-00-000-009-0-000-00
Land Assessment
$45,108
Improvements Assessment
$60,385
Total Assessment
$105,493
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