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Chisholm Corner 719 S Highway 81 2,337 SF Retail Building Duncan, OK 73533 $1,421,918 ($608.44/SF) 7.35% Cap Rate


INVESTMENT HIGHLIGHTS
- Quali?es for 100% bonus depreciation – Consult with your tax advisor
- Long-term lease through December 2037
- Signalized hard corner location along US Highway 81 (18,500 VPD)
- NNN – No landlord responsibilities
- 24-hour location
- Average household income within ten miles exceeds $84,000
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chisholm Corner located in Duncan, Oklahoma. The tenant recently signed a 13-year lease through December 2037 demonstrating commitment to the site. The lease is absolute triple net and features no landlord responsibilities. There are 10% rental escalations throughout the primary term and four 5-year renewal options. The next increase is scheduled to occur in January 2028. The lease features a corporate guaranty from 7E CO Holdings, a subsidiary of Monfort Companies that operates 78 c-stores. As a fuel station asset, the property is eligible for 100% bonus depreciation.
The 2,337 square-foot building is located along US Highway 81 which experiences more than 18,500 vehicles per day and is a primary corridor through Duncan. The property operates 24/7 and bene?ts from the immediate proximity State Highway 7 (10,000 VPD). The property is within driving distance of several local traffic drivers including NAPA Auto Parts, Duncan High School (1,000 students), DRH Health Hospital (110 beds), Stephens County Fairgrounds, Duncan Municipal Airport, a Family Dollar Distribution Center, and the Halliburton Manufacturing Center. There are more than 33,000 people living within ten miles of the property. Those of which earn an average household income in excess of $84,000.
Chisholm Corner is a regional convenience store chain that began in 2000 with its ?rst location along the historic Chisholm Trail in Duncan, Oklahoma. The company has grown to operate 19 stores across Southwest Oklahoma and North Central Texas, offering high-quality fuels, a variety of snacks, deli options, full fountain bars, and drive-thru services at most locations. Committed to providing clean, welcoming facilities and friendly customer service, Chisholm Corner emphasizes convenience and community engagement. In December 2022, the chain was acquired by 7E CO Holdings LLC, a division of Monfort Companies, expanding their portfolio to 78 stores while retaining the Chisholm Corner brand.
The 2,337 square-foot building is located along US Highway 81 which experiences more than 18,500 vehicles per day and is a primary corridor through Duncan. The property operates 24/7 and bene?ts from the immediate proximity State Highway 7 (10,000 VPD). The property is within driving distance of several local traffic drivers including NAPA Auto Parts, Duncan High School (1,000 students), DRH Health Hospital (110 beds), Stephens County Fairgrounds, Duncan Municipal Airport, a Family Dollar Distribution Center, and the Halliburton Manufacturing Center. There are more than 33,000 people living within ten miles of the property. Those of which earn an average household income in excess of $84,000.
Chisholm Corner is a regional convenience store chain that began in 2000 with its ?rst location along the historic Chisholm Trail in Duncan, Oklahoma. The company has grown to operate 19 stores across Southwest Oklahoma and North Central Texas, offering high-quality fuels, a variety of snacks, deli options, full fountain bars, and drive-thru services at most locations. Committed to providing clean, welcoming facilities and friendly customer service, Chisholm Corner emphasizes convenience and community engagement. In December 2022, the chain was acquired by 7E CO Holdings LLC, a division of Monfort Companies, expanding their portfolio to 78 stores while retaining the Chisholm Corner brand.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,337 SF
Building Class
B
Year Built
1970
Price
$1,421,918
Price Per SF
$608.44
Cap Rate
7.35%
NOI
$104,511
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.59 AC
Zoning
C1
Parking
9 Spaces (3.85 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Chisholm Corner
- Retailer
- -
- -
- Dec 2037
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Chisholm Corner | Retailer | - | - | Dec 2037 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1999-06-01S-07W-4-013-00 | Improvements Assessment | $139,822 |
| Land Assessment | $6,748 | Total Assessment | $146,570 |
PROPERTY TAXES
Parcel Number
1999-06-01S-07W-4-013-00
Land Assessment
$6,748
Improvements Assessment
$139,822
Total Assessment
$146,570
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Chisholm Corner | 719 S Highway 81
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