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Auto Service - Gas-Conv

BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining | Fee-Simple | 2% Annual Rent Increases

N5698 850th St, Elk Mound, WI 54739

Listing Price: $1,385,621

Cap Rate
7.65%
Tenant Name
BP
Years Remaining On Lease
19.0
Guarantor
National Franchisor
Rentable SF
3,043
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.83

Investment 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.

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

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Senior Managing Director, Market Leader- Milwaukee/Minneapolis

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Auto Service - Gas-Conv

BP Gas Station | Absolute-NNN Lease | ±19 Years Remaining | Fee-Simple | 2% Annual Rent Increases

Listing Price: $1,385,621

Cap Rate
7.65%
Tenant Name
BP
Years Remaining On Lease
19.0
Guarantor
National Franchisor
Rentable SF
3,043
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.83

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

Investment 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.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Senior Managing Director, Market Leader- Milwaukee/Minneapolis

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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