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24-Hour Gas Station
For Sale
Contact for pricing
Pending

1920 S Federal Ave, Mason City, IA 50401

Established fuel-and-convenience location with an absolute NNN lease and access from two intersecting roads.

Property Size3,391 SF
Days on Market1236

Property Features for 1920 S Federal Ave

General Information

Standard status Pending
Size 3,391 SF
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Fuel Pumps 16

Building Details

Year Built 2007
Buildings 1
Stories 1
Tenancy Single
Abandoned No
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Jordan Woodcock · License #MI 6501373633
Source: Crexi
Added: Apr 13, 2023 Changed: Aug 29 Last Checked: Aug 29 at 11:18PM

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

This gas station property includes a 3,391-square-foot facility, 16 fuel pumps, and a 24-hour operating schedule. The building was constructed in 2007 and is occupied by Yesway under an absolute triple-net lease with two years remaining.

The property sits at the signalized intersection of 19th Street SW and S Federal Avenue, where combined traffic is reported at more than 20,000 vehicles per day. Access is available from both intersecting roads, and the site is positioned as the first gas station reached after leaving US 18 toward Mason City. The current lease structure and established fuel-service improvements provide a defined operating profile for commercial real estate buyers.

Key Highlights

  • 3,391‑square‑foot gas station facility built in 2007
  • 16 fuel pumps with 24‑hour operations
  • Absolute triple‑net lease with two years remaining

Property Analytics

Current Use

YESWAY Grocery & Convenience Store Margo Bitcoin ATM Atm Western Union Bank Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Restaurant Spa & Massage Center

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

Lease Details

20,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

266
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Established fuel-and-convenience location with an absolute NNN lease and access from two intersecting roads.
Where is this gas station located?
The property is located at 1920 S Federal Ave Mason City, IA.
What are key features of this property?
This property features: 3,391‑square‑foot gas station facility built in 2007; 16 fuel pumps with 24‑hour operations; Absolute triple‑net lease with two years remaining
More about this property
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