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100 N Main St
Pine Island, MN 55963

$1,760,000 USD

Service Station For Sale  •  3,000 SF

Property Details

  • Property Type Service Station
  • Total Building Size 1,800 SF
  • Lot Size 0.39 AC
  • Building Class B
  • Year Built 1994
  • Cap Rate 7.65 %
  • Tenancy Single
10 Transit Score
40 Walk Score

Highlights

±19 Years Remaining on Absolute-NNN Lease
2% Annual Rent Increases During Initial Lease Term and Options
Potential for 100% Bonus Depreciation (Fee-Simple Asset)
Large Scale Established & Successful Operator (39-Unit Guaranty)
Clean Environmental Reports And Recent Survey On File
Site Is Currently Undergoing A Rebranding To BP Entirely At Tenant's Expense

Property Flyers

Cap Rate: 7.65 %

Public Transportation

AirportDriveWalkDistance
Rochester International 33 min - 25.3 mi
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap