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425 S 3rd St
Cornell, WI 54732

$900,000 USD

Service Station For Sale  •  4,235 SF

Property Details

  • Property Type Service Station
  • Total Building Size 4,235 SF
  • Lot Size 0.66 AC
  • Building Class C
  • Year Built 1998
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
36 Walk Score

Highlights

Absolute NNN Portfolio Sale-Leaseback – Properties available as a portfolio or individually.
Strong Guarantee – Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio
Experienced Operator – The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores
Strong Historical Financial Performance – The property has consistently reported increased revenue annually. Financials available for review.
Multiple Revenue Streams – Additional tenants on the property include Subway and a motorcycle repair shop.
Bonus Depreciation – Fee Simple ownership structure may allow for bonus depreciation benefits. Consult with a tax professional.

Property Flyers

Cap Rate: 8.00 %
Kevin Sugavanam 972-366-6926 Matthews Real Estate Investment Services
Kevin Sugavanam 972-366-6926 Matthews Real Estate Investment Services