209 Main Ave N - Service Station FOR SALE


Braham, MN 55006
$2,700,000 USD
612-413-4200
209 Main Ave N, Braham, MN for Sale
$2,700,000 USD
Service Station - FOR SALE
1/4
null | 8% Cap Rate

209 Main Ave N
Braham, MN 55006


HIGHLIGHTS

  • Solid Tenant
  • Strategic Location
  • Strong Market Fundamentals
  • Essential Service Retail
  • Great MN Market

OVERVIEW

Solid Tenant - Long-term tenant with 14+ years remaining and annual rent bumps. This BP ranks in the 85th percentile nationwide and 94th in MN with limited local competition. Strategic Location - Positioned to capture traffic along Main Ave / MN-107, the main thoroughfare with traffic counts over 5.1K+ per day. The property is easily accessible with a large lot, ample parking, and signage. Strong Market Fundamentals - Retail submarket vacancy is at just 1.6% with no current construction, supporting long-term stability. Essential Service Retail - Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. This c-store is the only gas station in Braham, which also has limited shopping options for essential items. Great MN Market - Located about 50 miles north of the Twin Cities, Braham combines rural living with modern amenities. The area within a ten-mile radius of the property has a population exceeding 14,000, with an average household income of over $90,000.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,010 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BP | Braham, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

14.041.0050

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.