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1552 Albion Ave
Fairmont, MN 56031

$971,429 USD

Service Station For Sale  •  3,032 SF

Property Details

• Property Type Service Station
• Total Building Size 1,992 SF
• Lot Size 0.33 AC
• Building Class C
• Year Built 1971
• Cap Rate 7.35 %
• Tenancy Single

30 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

Established Shell Gas Station & Convenience Store

Property Flyers

OM - Shell - 1552 Albion Ave, Fairmont, MN 56031

Cap Rate:

7.35 %

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes