High-Traffic Gas Station
1435 Division Street Waite Park, MN 56387
1435 Division Street, Waite Park, MN, 56387
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For Sale
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Gas station for sale on Division Street with average traffic over 23,800 vehicles per day near major retailers.
Property Size7,186 SF
Price / SF$340.94
Days on Market55
Property Features for 1435 Division Street
General Information
- Standard status
- Active
- Size
- 7,186 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing agency
Upland Real Estate Group Inc
Listed by
Keith Sturm · License #MN 81883
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 6:24AM
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 Upland Real Estate Group Inc
Investment Insights
Based on property information with market context.
A gas station property offered for sale at 1435 Division St in Waite Park. The listing is positioned as a retail-focused automotive/convenience asset intended for ongoing fuel and related use.
The property is located on Division Street, where traffic counts average over 23,800 vehicles per day. It is also situated near national and regional retailers including Kohl’s, Aldi, Dollar Tree, Hobby Lobby, Home Depot, Dick’s Sporting Goods, Five Below, and others.
For operators and investors looking for a retail-oriented automotive location, the combination of high daily traffic and proximity to surrounding shopping provides a practical foundation for serving customers who pass through the corridor. This offering is best suited for a buyer intending to leverage the site’s existing convenience orientation in a dense retail environment.
The property is located on Division Street, where traffic counts average over 23,800 vehicles per day. It is also situated near national and regional retailers including Kohl’s, Aldi, Dollar Tree, Hobby Lobby, Home Depot, Dick’s Sporting Goods, Five Below, and others.
For operators and investors looking for a retail-oriented automotive location, the combination of high daily traffic and proximity to surrounding shopping provides a practical foundation for serving customers who pass through the corridor. This offering is best suited for a buyer intending to leverage the site’s existing convenience orientation in a dense retail environment.
Key Highlights
- Gas station for sale on Division Street
- Average traffic counts over 23,800 vehicles per day along Division Street
- Located near Kohl’s, Aldi, Dollar Tree, Hobby Lobby, Home Depot, Dick’s Sporting Goods, and Five Below
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $144.0k | $20.04 |
| − Vacancy | −$11.2k | −$1.56 |
| EGI | $132.8k | $18.48 |
| − OpEx | −$33.2k | −$4.62 |
| NOI | $99.6k | $13.86 |
7,186 SF · lease $20.04/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,581 @ 7.0% cap · market cap 4.06%
Second Best
Retail
$1.38M
$1.20M – $1.61M
NOI $96,370 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,137 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Gas station for sale on Division Street with average traffic over 23,800 vehicles per day near major retailers.
Where is this gas station located?
The property is located at 1435 Division Street Waite Park, MN.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Gas station for sale on Division Street; Average traffic counts over 23,800 vehicles per day along Division Street; Located near Kohl’s, Aldi, Dollar Tree, Hobby Lobby, Home Depot, Dick’s Sporting Goods, and Five Below
