Triple-Net Gas
For Sale
Contact for pricing
2046 2nd Ave SE, Cambridge, MN 55008
BP gas station on a 0.68-acre parcel with a 15-year absolute NNN lease in place.
Property Size257 SF
Lot Size0.68 Acres
Days on Market120
Property Features for 2046 2nd Ave SE
General Information
Standard status
Active
Size
257 SF
Lot size
0.68 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:37PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This BP gas station includes approximately 257 rentable square feet of building space on an estimated 0.68-acre parcel. The property is subject to a new 15-year absolute triple-net (NNN) lease that commenced on June 16, 2020, with an initial rent of $123,794 and 10% increases every five years.
The lease is guaranteed by both 7E CO Minnesota, LLC and 7E CO Holdings LLC, entities operated by the Monfort Companies. The tenant also has three (3) five-year renewal options.
The asset is offered as an NNN commercial property located at 2046 2nd Ave SE in Cambridge, MN.
The lease is guaranteed by both 7E CO Minnesota, LLC and 7E CO Holdings LLC, entities operated by the Monfort Companies. The tenant also has three (3) five-year renewal options.
The asset is offered as an NNN commercial property located at 2046 2nd Ave SE in Cambridge, MN.
Key Highlights
- BP gas station on an estimated 0.68‑acre parcel in Cambridge, MN
- Roughly 257 rentable SF of building space
- 15‑year absolute triple‑net (NNN) lease commenced June 16, 2020
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
McDonald's
Dining
25,317 visits/mo
0.5 miles
Pizza Ranch
Dining
10,038 visits/mo
0.4 miles
Holiday Station Store
Shops & Services
9,149 visits/mo
0.3 miles
Casey's
Shops & Services
7,805 visits/mo
0.1 miles
Taco John's
Dining
7,383 visits/mo
0.2 miles
Demographics for 55008, MN
16,514
Population
6,851
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
100.4 sq mi
ZIP Area
164
Density / Sq Mi
$83,209
Median Household Income
$47,992
Median Earnings
$1,255
Median Rent
$267,400
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 - BP gas station on a 0.68-acre parcel with a 15-year absolute NNN lease in place.
Where is this gas station located?
The property is located at 2046 2nd Ave SE Cambridge, MN.
What are key features of this property?
This property features: BP gas station on an estimated 0.68‑acre parcel in Cambridge, MN; Roughly 257 rentable SF of building space; 15‑year absolute triple‑net (NNN) lease commenced June 16, 2020
