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Gas Station with Convenience Store

1465 4th St SE, Mason City, IA 50401

For Sale
Contact for pricing

The offering is structured under a 15-year absolute NNN lease.

Property SizeContact for details
Days on Market22

Property Features for 1465 4th St SE

General Information

Standard status Active
Property subtype Retail

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 4:43PM

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 is offered with a 15-year absolute NNN lease. The operator described in the marketing operates 14 locations and pairs branded fuel with convenience-store merchandise; the information does not identify the specific property's operating arrangements.

The property is in Mason City, Iowa, a community of approximately 27,000 that serves as a retail and medical center for North Iowa. US 18 and US 65 meet in the area, and Interstate 35 is 8 miles west. Local employment includes MercyOne North Iowa Medical Center, with more than 2,000 employees, and approximately 48 manufacturing plants.

Key Highlights

  • 15‑year absolute NNN lease
  • Mason City population is approximately 27,000
  • Located 8 miles east of Interstate 35

Property Analytics

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

Current Use

ARCO Gas Station Western Union Bank Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 50401, IA

28,981
Population
14,746
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
148.2 sq mi
ZIP Area
196
Density / Sq Mi
$63,807
Median Household Income
$38,929
Median Earnings
$868
Median Rent
$134,100
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 - The offering is structured under a 15-year absolute NNN lease.
Where is this gas station located?
The property is located at 1465 4th St SE Mason City, IA.
What is the asking price?
The asking price for this property is $1,701,059.
What are key features of this property?
This property features: 15‑year absolute NNN lease; Mason City population is approximately 27,000; Located 8 miles east of Interstate 35
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