Triple-Net Gas Station Convenience
11420 Jefferson Ct Champlin, MN 55316
11420 Jefferson Ct, Champlin, MN, 55316
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For Sale
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Pending
Gas and convenience retail property subject to an absolute triple-net lease with 15-year term and multiple 10-year options.
Days on Market102
Property Features for 11420 Jefferson Ct
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
NAI Legacy
(612) 201-6282
Listed by
Garrett Farmer · License #MN - 40633365
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:09AM Checked: Jul 21 at 7:09AM
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Investment Insights
Based on property information with market context.
This gas station and convenience retail property is offered for sale as a real estate-only investment. The asset is subject to a lease with Automotive Ventures Group, a Twin Cities-based convenience store owner and operator. The lease is structured on absolute triple-net (NNN) terms with an initial 15-year term and multiple 10-year extension options.
Automotive Ventures Group operates the convenience store under an agreement with Holiday Station Stores, as part of the Circle K brand of stores. The offering is presented as an opportunity to acquire the real estate interest rather than the operating business.
The property is located at 11420 Jefferson Ct, Champlin, Minnesota. The seller states the site provides high traffic and visibility. Absolute NNN terms apply under the existing lease arrangement.
Automotive Ventures Group operates the convenience store under an agreement with Holiday Station Stores, as part of the Circle K brand of stores. The offering is presented as an opportunity to acquire the real estate interest rather than the operating business.
The property is located at 11420 Jefferson Ct, Champlin, Minnesota. The seller states the site provides high traffic and visibility. Absolute NNN terms apply under the existing lease arrangement.
Key Highlights
- Gas and convenience retail property at 11430 Jefferson Ct, Champlin, Minnesota
- Subject to an absolute triple‑net (NNN) lease
- 15‑year lease term with multiple 10‑year extension options
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Gas and convenience retail property subject to an absolute triple-net lease with 15-year term and multiple 10-year options.
Where is this gas station located?
The property is located at 11420 Jefferson Ct Champlin, MN.
What are key features of this property?
This property features: Gas and convenience retail property at 11430 Jefferson Ct, Champlin, Minnesota; Subject to an absolute triple‑net (NNN) lease; 15‑year lease term with multiple 10‑year extension options
