Auto Service - Gas-Conv
BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining
100 N Main St, Pine Island, MN 55963
Listing Price: $1,760,000
Investment Overview
Marcus & Millichap is pleased to offer a newly remodeled BP-branded fuel and convenience retail asset located along N Main Street, a key commuter and residential corridor in Pine Island, 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 39-unit operator with a proven track record across multiple markets.
The site benefits from strong traffic exposure, immediate access to U.S. Highway 52, and proximity to major employers and national retailers including Land O’Lakes and Dollar General, supporting consistent consumer demand throughout the trade area. The tenant is completing a full BP rebranding and remodel entirely at their own expense, enhancing long-term operational performance and positioning the property for sustained demand within this growing regional corridor.
BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining
Investment 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
Auto Service - Gas-Conv
BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining
Listing Price: $1,760,000
Investment 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
Investment Overview
Marcus & Millichap is pleased to offer a newly remodeled BP-branded fuel and convenience retail asset located along N Main Street, a key commuter and residential corridor in Pine Island, 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 39-unit operator with a proven track record across multiple markets. The site benefits from strong traffic exposure, immediate access to U.S. Highway 52, and proximity to major employers and national retailers including Land O’Lakes and Dollar General, supporting consistent consumer demand throughout the trade area. The tenant is completing a full BP rebranding and remodel entirely at their own expense, enhancing long-term operational performance and positioning the property for sustained demand within this growing regional corridor.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.