Shell Gas Station Investment
1552 Albion Avenue, Fairmont, MN 56031
NNN leased Shell station with 19 years remaining in Minnesota.
Type:Retail
Property size:
1,992 SFPrice / SF:
$478/SF- Added:
- May 26, 2026
- Days on Market:
- 8
- Last Refresh:
- May 27 at 8:14 am
Property Features for 1552 Albion Avenue
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- Retail
Listing agent Jason Fefer License #CA 02100489
Listing office Marcus & Millichap - Los Angeles
Listing date May 26, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
HighLights
- Long‑term absolute‑NNN lease with approximately 19 years remaining, providing stable, passive income.
- Secured by KeyStone Retail and Affiliates, a 39‑unit operator with a proven track record.
- Located in Fairmont's primary commercial trade area with strong visibility and immediate proximity to Interstate 90.
- Benefits from consistent traffic generated by surrounding residential neighborhoods, agricultural operations, and regional employers.
- Features 2% annual rent increases, enhancing investment returns.
- Potential eligibility for 100% bonus depreciation.
Overview
This Shell-branded fuel and convenience retail asset is located along Albion Avenue in Fairmont, Minnesota. The property is secured by a long-term absolute-NNN lease with approximately 19 years remaining, offering stable, passive income. The tenant is KeyStone Retail and Affiliates, an established operator with a multi-market track record of 39 units. The site benefits from strong visibility and immediate proximity to Interstate 90. Consistent traffic is generated by surrounding residential neighborhoods, agricultural operations, and regional employers. Positioned within Fairmont’s primary commercial trade area, the property is surrounded by national retailers such as Hy-Vee, Walmart, Dunham’s, Dollar Tree, Fareway, O’Reilly Auto Parts, and Ford. The property is strategically located to capture daily consumer demand. The property has a fee-simple ownership structure and potential eligibility for 100% bonus depreciation. The building size is 1992 square feet.
Location Intelligence
Current Use by Public Records
Shell
Gas Station
Rodriquez Portable Toilet ...
Building Supply
ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Martin
- State
- Minnesota
- Longitude
- -94.463276
- Latitude
- 43.633641
Nearby Similar for Sale
FAQs
What type of property is this?
Gas station - NNN leased Shell station with 19 years remaining in Minnesota.
Where is this gas station located?
The property is located at 1552 Albion Avenue Fairmont, MN.
What is the asking price?
The asking price for this property is $952,381.
What are key features of this property?
This property features: Long‑term absolute‑NNN lease with approximately 19 years remaining, providing stable, passive income.; Secured by KeyStone Retail and Affiliates, a 39‑unit operator with a proven track record.; Located in Fairmont's primary commercial trade area with strong visibility and immediate proximity to Interstate 90.
