Gas Station and
For Sale
Contact for pricing
8020-8106 Durand Ave, Sturtevant, WI 53177
For sale gas station/C-store with existing infrastructure and easily divisible space for flexible use.
Property Size14,268 SF
Price / SF$238.65
Days on Market199
Property Features for 8020-8106 Durand Ave
General Information
Standard status
Active
Size
14,268 SF
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 8020-8106 Durand Ave Contact us- Floor
- 1
- Size
- 14,268 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Retail For Lease or Sale
• Gas station/C-store potential with
existing infrastructure
• +/- 19,000...
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Listing Agency:
Anderson Commercial Group, LLC
(414) 425-2700
Listed By:
Brock Anderson · License #8627994
(414) 858-5219
Source:
Moodyscre
Added: Feb 19
Changed: Sep 2
Last Checked: Sep 6 at 6:41AM
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 Anderson Commercial Group, LLC
Investment Insights
Based on property information with market context.
This property offers gas station/C-store potential with existing infrastructure already in place. The site includes space that is easily divisible, providing flexibility for a range of commercial configurations.
Located at 8020-8106 Durand Ave in Sturtevant, WI, the property is supported by WI DOT traffic counts indicating approximately +/- 19,000 vehicles per day via Durand Ave. For prospective tenants and buyers, the combination of usable infrastructure and divisibility is designed to accommodate different operating or layout needs within the overall retail setting.
Located at 8020-8106 Durand Ave in Sturtevant, WI, the property is supported by WI DOT traffic counts indicating approximately +/- 19,000 vehicles per day via Durand Ave. For prospective tenants and buyers, the combination of usable infrastructure and divisibility is designed to accommodate different operating or layout needs within the overall retail setting.
Key Highlights
- Gas station/C‑store for sale with existing infrastructure
- +/- 19,000 vehicles per day via Durand Ave based on WI DOT traffic counts
- Easily divisible space, offering flexibility of use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$198,063
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,961,260
$4.0M
Cap Rate 7%
$2,829,471
$2.8M
Cap Rate 9%
$2,200,700
$2.2M
Market Conditions
NOI Build-Up for 14,268 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$273.9K $19.20/SF
− Vacancy
−$9.9K −$0.69/SF
EGI
$264.1K $18.51/SF
− OpEx
−$66.0K −$4.63/SF
NOI
$198.1K $13.88/SF
Area
Racine County, WI
Vacancy
3.60%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,961,260
Cap Rate 7%
$2,829,471
Cap Rate 9%
$2,200,700
Alternative Uses
Best Use
Specialty Retail
$2.83M
$2.48M – $3.30M
NOI $198,063 @ 7.0% cap · market cap 5.82%
Second Best
Retail
$2.07M
$1.81M – $2.42M
NOI $145,170 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $240,182 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 97%
Shops & Services 3%
Blain's Farm & Fleet
Apparel
49,043 visits/mo
0.4 miles
Goodwill
Apparel
15,315 visits/mo
0.5 miles
Batteries Plus Bulbs
Shops & Services
1,727 visits/mo
0.5 miles
Demographics for 53177, WI
8,482
Population
2,566
Households
3.3
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
27.6 sq mi
ZIP Area
307
Density / Sq Mi
$77,409
Median Household Income
$46,314
Median Earnings
$1,295
Median Rent
$228,900
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 - For sale gas station/C-store with existing infrastructure and easily divisible space for flexible use.
Where is this gas station located?
The property is located at 8020-8106 Durand Ave Sturtevant, WI.
What is the asking price?
The asking price for this property is $3,405,000.
What are key features of this property?
This property features: Gas station/C‑store for sale with existing infrastructure; +/- 19,000 vehicles per day via Durand Ave based on WI DOT traffic counts; Easily divisible space, offering flexibility of use
