Building Details

Year Built 2007

Listing Agency: Century 21 Atwood Show Phone

Listed By: Kathleen A Samson Show Phone

Source: Exitrealty

Added: Feb 21, 2025 Changed: Jul 10 Last Checked: May 19 at 9:49PM

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Investment Insights

Based on property information with market context.

This property features a gas station, car wash, convenience store, restaurant, and retail space. It is currently 100% leased and offers a capitalization rate of 8.07%. The sale includes the real estate, land, and existing leases. This property is located at 16777 Marketplace Drive, Big Lake, MN 55309 and is suitable for a 1031 exchange.

Key Highlights

• 8.07% CAP Rate
• 100% Leased, providing immediate income
• Ready for 1031 Exchange

Property Analytics

Property Profile

Current Use

Car Wash Car Wash Atm Atm Cambo Flare Restaurant Marathon Market Place ... Gas Station Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant

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

73

Businesses Nearby

605

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Americas Best Value Inn Big Lake Becker Hotels & Casinos

605 visits/mo 0.2 miles

Demographics for 55309, MN

20,387

Population

7,541

Households

2.7

Avg Household Size

35

Median Age

31%

College-Educated

95%

High-School Grad

62.3 sq mi

ZIP Area

327

Density / Sq Mi

$118,387

Median Household Income

$56,262

Median Earnings

$1,463

Median Rent

$335,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this gas stations located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Gas station - Gas station, car wash, convenience store, restaurant, and retail space.

Where is this gas station located?

The property is located at 16777 Marketplace Drive Big Lake, MN.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: 8.07% CAP Rate; 100% Leased, providing immediate income; Ready for 1031 Exchange