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Six-Property Absolute NNN Gas Station Portfolio
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35194 Diagonal St, Independence, WI 54747

Multi-property fuel retail portfolio leased under absolute NNN terms to an experienced Midwest operator.

Property SizeContact for details
Days on Market142

Property Features for 35194 Diagonal St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Lee Cordova · License #714883
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 6:34PM

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 Matthews

Investment Insights

Based on property information with market context.

This offering includes six gas stations operated by an experienced Midwest gas station company. Each property is structured under an absolute NNN lease, with annual rent increases included in the lease terms. The portfolio has also recorded year-over-year revenue growth since the current ownership began operating the locations.

The properties are located at 2789 22nd St in Rice Lake, 2671 27th St in Mikana, 612 Dallas St in Chetek, 425 3rd St in Cornell, 23150 Whitehall Rd in Independence, and 35194 Diagonal St in Independence, Wisconsin. The offering combines fuel-service real estate with a multi-location lease structure.

Key Highlights

  • Six gas stations included in the portfolio
  • Absolute NNN lease structure across the properties
  • Annual rent increases included in lease terms

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

66
Businesses Nearby

Demographics for 54747, WI

2,634
Population
1,250
Households
2.1
Avg Household Size
37
Median Age
14%
College-Educated
94%
High-School Grad
118.8 sq mi
ZIP Area
22
Density / Sq Mi
$65,083
Median Household Income
$39,211
Median Earnings
$871
Median Rent
$175,900
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
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Frequently Asked Questions

What type of property is this?
Gas station - Multi-property fuel retail portfolio leased under absolute NNN terms to an experienced Midwest operator.
Where is this gas station located?
The property is located at 35194 Diagonal St Independence, WI.
What are key features of this property?
This property features: Six gas stations included in the portfolio; Absolute NNN lease structure across the properties; Annual rent increases included in lease terms
(214) 692-2191 Call to check price and availability
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