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601 Ok-19
Alex, OK 73002

$2,099,587 USD

Convenience Store For Sale  •  3,214 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 3,214 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning C
10 Walk Score

Highlights

Structured with zero landlord responsibilities, offering passive and predictable income for ownership.
Operated by Diamond Jubilee Oil, LLC under a master lease assigned in February 2026.
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
The tenant has successfully operated at this location for years and recently executed a new lease, demonstrating long-term commitment to the site.
Gas stations and convenience stores are e-commerce resistant and recession resilient, providing essential goods and services.
The site is anchored by a Subway franchise on the parcel, driving incremental food and fuel cross-shopping traffic.
Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Diamond Jubilee Oil, LLC 3,214 SF 12/31/2042
Jeremy Bartlett 512-885-3634 Sands Investment Group Austin, LLC
Jeremy Bartlett 512-885-3634 Sands Investment Group Austin, LLC