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Auto Service - Gas-Conv

Shell Gas Station | Absolute-NNN Lease | ±19 Years Remaining

1552 Albion Ave, Fairmont, MN 56031

Listing Price: $971,429

Cap Rate
7.35%
Tenant Name
Shell
Years Remaining On Lease
19.2
Guarantor
National Franchisor
Rentable SF
1,992
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.84

Investment Overview

Marcus & Millichap is pleased to present a Shell-branded fuel and convenience retail asset located along Albion Avenue, a key commercial and commuter corridor in Fairmont, Minnesota. The property is secured by a long-term absolute-NNN lease with ±19 years remaining, offering investors stable, passive income backed by KeyStone Retail and Affiliates, an established 39-unit operator with a proven multi-market track record.

The site benefits from strong visibility, immediate proximity to Interstate 90, and consistent traffic generated by surrounding residential neighborhoods, agricultural operations, and regional employers. Positioned within Fairmont’s primary commercial trade area and surrounded by national retailers—including Hy-Vee, Walmart, Dunham’s, Dollar Tree, Fareway, O’Reilly Auto Parts, and Ford—the property is strategically located to capture daily consumer demand. With 2% annual rent increases, a fee-simple ownership structure, and potential eligibility for 100% bonus depreciation, this offering provides an attractive, long-term net-lease investment in a stable southern Minnesota market.

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
  • Established Shell Gas Station & Convenience Store
  • Positioned Within Fairmont's Primary Commercial Trade Area

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Auto Service - Gas-Conv

Shell Gas Station | Absolute-NNN Lease | ±19 Years Remaining

Listing Price: $971,429

Cap Rate
7.35%
Tenant Name
Shell
Years Remaining On Lease
19.2
Guarantor
National Franchisor
Rentable SF
1,992
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.84

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
  • Established Shell Gas Station & Convenience Store
  • Positioned Within Fairmont's Primary Commercial Trade Area

Investment Overview

Marcus & Millichap is pleased to present a Shell-branded fuel and convenience retail asset located along Albion Avenue, a key commercial and commuter corridor in Fairmont, Minnesota. The property is secured by a long-term absolute-NNN lease with ±19 years remaining, offering investors stable, passive income backed by KeyStone Retail and Affiliates, an established 39-unit operator with a proven multi-market track record. The site benefits from strong visibility, immediate proximity to Interstate 90, and consistent traffic generated by surrounding residential neighborhoods, agricultural operations, and regional employers. Positioned within Fairmont’s primary commercial trade area and surrounded by national retailers—including Hy-Vee, Walmart, Dunham’s, Dollar Tree, Fareway, O’Reilly Auto Parts, and Ford—the property is strategically located to capture daily consumer demand. With 2% annual rent increases, a fee-simple ownership structure, and potential eligibility for 100% bonus depreciation, this offering provides an attractive, long-term net-lease investment in a stable southern Minnesota market.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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