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Gas Station with Convenience Store

107 Hwy 18 W, Algona, IA 50511

For Sale
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Branded fuel service is paired with a full convenience-store operation.

Property SizeContact for details
Days on Market22

Property Features for 107 Hwy 18 W

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Automotive

Automotive Uses fuel station
Convenience Store Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Listing Agency: Century Partners RE
Listed By: Joshua Berger · License CA #01984719
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 3:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century Partners RE

Rey
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Investment Insights

Based on property information with market context.

This gas station and convenience-store property at 107 Hwy 18 W in Algona, Iowa, combines branded fuel with a full convenience-store offering. The listing identifies a 15-year absolute NNN lease structure.

Algona is situated near the junction of US 18 and US 169 and serves as the Kossuth County seat. Its employment base includes Snap-on Tools, Kossuth Regional Health Center, Hormel, and Corteva Agriscience.

Key Highlights

  • 15‑year absolute NNN lease structure
  • Branded fuel service with a full convenience‑store offering
  • Located at 107 Hwy 18 W in Algona, Iowa

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Storage Facility Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 22% Groceries 22% Home Improvements & Furnishings 16%
Hy-Vee Groceries
18,936 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
16,011 visits/mo 0.2 miles
McDonald's Dining
14,202 visits/mo 0.2 miles
Cinco De Mayo Dining
9,319 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,508 visits/mo 0.5 miles

Demographics for 50511, IA

7,061
Population
3,385
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
130.0 sq mi
ZIP Area
54
Density / Sq Mi
$60,256
Median Household Income
$43,692
Median Earnings
$892
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Gas station - Branded fuel service is paired with a full convenience-store operation.
Where is this gas station located?
The property is located at 107 Hwy 18 W Algona, IA.
What is the asking price?
The asking price for this property is $1,709,553.
What are key features of this property?
This property features: 15‑year absolute NNN lease structure; Branded fuel service with a full convenience‑store offering; Located at 107 Hwy 18 W in Algona, Iowa
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