N5698 850th St - Convenience Store FOR SALE


Elk Mound, WI 54739
$1,413,333 USD
408-510-9057
N5698 850th St, Elk Mound, WI for Sale
$1,413,333 USD
Convenience Store - FOR SALE
1/3
null | 7.65% Cap Rate

N5698 850th St
Elk Mound, WI 54739


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)
  • ?Established BP Gas Station & Convenience Store With Proven Consumer Demand
  • ?Strategic Western Wisconsin Location Along US-12 and Immediately Off I-94

OVERVIEW

Marcus & Millichap is pleased to present a recently renovated BP-branded fuel and convenience retail asset located along 850th Street near US-12, with immediate access to Interstate 94, one of Western Wisconsin’s primary east-west transportation corridors.? The property is secured by a long-term absolute-NNN lease with approximately 19 years remaining, offering investors stable, passive income backed by KeyStone Retail and Affiliates, a proven 39-unit operator.? The site benefits from strong visibility, easy ingress/egress, and consistent traffic generated by regional commuter flow, local residential demand, and surrounding agricultural activity.? Positioned minutes from Eau Claire and Menomonie, the location is supported by major employment drivers and a growing regional trade area.? The tenant has recently completed a full BP operational conversion, enhancing long-term performance and aligning the property with a globally recognized fuel and convenience brand.

FOR SALE DETAILS

PRICE

$1,413,333 USD

PRICE/SF

$491 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BP Gas Station | Absolute-NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

1700822811282200006

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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