Shell Gas Station Investment
For Sale
Contact for pricing
Pending
1552 Albion Avenue, Fairmont, MN 56031
NNN leased Shell station with 19 years remaining in Minnesota.
Property Size1,992 SF
Days on Market99
Property Features for 1552 Albion Avenue
General Information
Standard status
Pending
Size
1,992 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$71,400
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed By:
Jason Fefer · License #CA 02100489
Source:
Crexi
Added: May 26
Changed: Aug 23
Last Checked: Aug 31 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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 56031, MN
12,117
Population
5,771
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
156.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,373
Median Household Income
$43,168
Median Earnings
$719
Median Rent
$175,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 $971,429.
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.
