Auto Service - Gas-Conv
BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining |
3610 E River Rd NE, Rochester, MN 55906
Listing Price: $1,765,517
Investment Overview
Marcus & Millichap is pleased to offer a newly remodeled BP-branded fuel and convenience retail asset located along E River Rd NE, a key commuter and residential corridor in Rochester, Minnesota. The property is secured by a long-term absolute-NNN lease with +19 years remaining, providing investors with stable, passive income backed by KeyStone Retail and Affiliates, an established multi-unit operator with 39 locations.
The site benefits from strong traffic exposure, proximity to U.S. Highway 63, and immediate access to major economic anchors including the Mayo Clinic, University of Minnesota Rochester, IBM, and multiple residential neighborhoods. The tenant is completing a full BP conversion at their own expense, enhancing long-term operational performance and positioning the property for sustained consumer demand.
Auto Service - Gas-Conv
BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining |
Listing Price: $1,765,517
Investment Highlights
- Long-Term Absolute-NNN Lease Structure
- Established Operator With Multi-Unit Scale
- Prime Rochester Corridor Location
- Attractive Yield With Built-In Growth
- Potential Bonus Depreciation Benefit
Investment Overview
Marcus & Millichap is pleased to offer a newly remodeled BP-branded fuel and convenience retail asset located along E River Rd NE, a key commuter and residential corridor in Rochester, Minnesota. The property is secured by a long-term absolute-NNN lease with +19 years remaining, providing investors with stable, passive income backed by KeyStone Retail and Affiliates, an established multi-unit operator with 39 locations. The site benefits from strong traffic exposure, proximity to U.S. Highway 63, and immediate access to major economic anchors including the Mayo Clinic, University of Minnesota Rochester, IBM, and multiple residential neighborhoods. The tenant is completing a full BP conversion at their own expense, enhancing long-term operational performance and positioning the property for sustained consumer demand.
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