STREAM Capital Partners > Properties > All Properties > GPM Investments

GPM Investments

Net Lease

303 N Blake, Wagoner, Oklahoma
Ownership Type:
Fee Simple
Price:
$2,395,000
Cap Rate:
6.35%
Current Rent:
$152,035
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 17 years
Renewal Options:
6, 5 Year Options
Building Sq. Ft.:
4,544 SF
Rent Increases:
2.00% Annually
Site Size:
1.89 Acres

Investment Highlights

  • LONG-TERM COMMITMENT: The Property is a rare fee simple convenience store subject to a lease with 17 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.
  • NEARBY NATIONAL RETAILERS: The Property is positioned in close proximity to strong national retailers including Walmart, Taco Bell, Tractor Supply, Walgreens, and Arby’s
Ownership Type:
Fee Simple
Price:
$2,395,000
Cap Rate:
6.35%
Current Rent:
$152,035
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 17 years
Renewal Options:
6, 5 Year Options
Building Sq. Ft.:
4,544 SF
Rent Increases:
2.00% Annually
Site Size:
1.89 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Connor Shell

Managing Director
407.913.9009[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Ben Hollis

Senior Associate
256.595.2574[email protected]

Cooperating Broker: Bang Realty, Brian Brockman, [email protected], Lic. OK – 177814

You May Also Be Interested In

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to .

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here