Chisholm Corner Gas Station – Duncan, OK

Chisholm Corner Gas Station
211 E Chestnut Ave, Duncan, OK 73533, USA

Sands Investment Group is pleased to exclusively offer for sale the Chisholm Corner Gas Station NNN Asset located at 211 E Chestnut Avenue in Duncan, OK. This investment features a Triple Net (NNN) Lease structure, providing zero landlord responsibilities and a truly passive ownership experience. The asset offers ~12 years remaining on the primary lease term, along with 4 additional 5-year renewal options, delivering long-term income stability and making it an attractive investment opportunity.

  • Triple Net (NNN) Structure: Zero landlord responsibilities with a true Triple-Net (NNN) Lease, enabling passive ownership.
  • Attractive Yield: Offered at $787,267, representing a 7.50% CAP Rate on $59,027 NOI in a competitive market.
  • Long-Term Lease: ~12 years remaining on the primary term with 4 additional 5-year renewal options.
  • Rent Growth: 10% rent escalations every 5 years provide consistent income increases.
  • Strategic Location: Positioned in Duncan, OK, supported by oilfield services, agriculture, and commuter traffic between Lawton and Oklahoma City.
  • Experienced Operator: Operated by Diamond Jubilee LLC under a master lease assigned in February 2026.
  • Strong Guarantee: 2-tier support from City Mart Energy LLC and a personal guaranty from owner of Diamond Jubilee LLC.
  • Defensive Asset Class: Essential-use c-store and fuel property with stable demand fundamentals.
  • Rare Opportunity: Limited availability of single-tenant fuel assets with long-term leases and strong guaranty backing.

In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754

Chisholm Corner Gas Station
211 E Chestnut Ave, Duncan, OK 73533, USA

Diamond Jubilee Oil, LLC

The subject property is occupied by Diamond Jubilee Oil, LLC, a regional convenience store operator that has demonstrated meaningful acquisition activity and capital access over the past three years. Diamond Jubilee participated in the institutional-scale Monfort Companies portfolio divestiture in 2023-2026, competing alongside 7-Eleven Inc. and other well-capitalized regional operators to acquire stores in Oklahoma and adjacent markets. Diamond Jubilee’s ability to execute on multi-state acquisitions, maintain geographically diversified operations across the Southwest, and compete in competitive bidding processes signals operational sophistication and balance sheet strength. The guaranty is backed by principal Mohammad Salim and reflects an operator with proven transaction execution and a track record of scaling convenience store portfolios through disciplined growth.

Price

$787,267

Cap Rate

7.50%

PREMISES

2,281 SF

YEAR BUILT

1993

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

12/31/2037

Lease Type

NNN

RENTAL INCREASES

10% Every 5 Years

BROKERS

List with SIG

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