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Renovated BP Fuel Retail Asset
For Sale
$1,385,621

N5698 850th St, Elk Mound, WI 54739

Recently renovated BP fuel and convenience retail asset for sale.

Property Size3,043 SF
Price / SF$455.35
Days on Market95

Property Features for N5698 850th St

General Information

Standard status Active
Size 3,043 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Amenities

?±19 Years Remaining on Absolute-NNN Lease
?2% Annual Rent Increases During Initial Lease Term and Options
?Potential for 100% Bonus Depreciation (Fee-Simple Asset)
?Large Scale ?Established & Successful Operator (39-Unit Guaranty)
?Established BP Gas Station & Convenience Store With Proven Consumer Demand
?Strategic Western Wisconsin Location Along US-12 and Immediately Off I-94

Building Details

Building Size 3,043 SF
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Jason Fefer · License #License(s): CA: 02100489
Source: Marcusmillichap
Added: May 27 Changed: Aug 23 Last Checked: Aug 28 at 7:10AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This recently renovated BP-branded fuel and convenience retail asset is located along 850th Street near US-12, with immediate access to Interstate 94. The property is secured by a long-term absolute-NNN lease with approximately 19 years remaining, offering investors stable, passive income backed by KeyStone Retail and Affiliates, a proven 39-unit operator. The site benefits from strong visibility, easy ingress/egress, and consistent traffic generated by regional commuter flow, local residential demand, and surrounding agricultural activity. Positioned minutes from Eau Claire and Menomonie, the location is supported by major employment drivers and a growing regional trade area. The tenant has recently completed a full BP operational conversion, enhancing long-term performance and aligning the property with a globally recognized fuel and convenience brand. The property size is 3043 square feet.

Key Highlights

  • Long‑term absolute‑NNN lease with approximately 19 years remaining, providing stable, passive income.
  • Secured by KeyStone Retail and Affiliates, a proven 39‑unit operator.
  • Recently renovated and fully converted to a BP‑branded fuel and convenience retail asset.

Property Analytics

Current Use

Champs Chicken Restaurant Hangar 54 Pizza Restaurant bp Gas Station SpeakEazy Vapor Shop (Bike/Boat/Book/etc) Store Colorful Sin Tattoo & Piercing Shop

Suggested Use

Top Pick Pet Grooming Service

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

7
Businesses Nearby

Demographics for 54739, WI

5,287
Population
1,991
Households
2.7
Avg Household Size
39
Median Age
25%
College-Educated
95%
High-School Grad
102.7 sq mi
ZIP Area
51
Density / Sq Mi
$91,385
Median Household Income
$44,692
Median Earnings
$1,043
Median Rent
$240,700
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 - Recently renovated BP fuel and convenience retail asset for sale.
Where is this gas station located?
The property is located at N5698 850th St Elk Mound, WI.
What is the asking price?
The asking price for this property is $1,385,621.
What are key features of this property?
This property features: Long‑term absolute‑NNN lease with approximately 19 years remaining, providing stable, passive income.; Secured by KeyStone Retail and Affiliates, a proven 39‑unit operator.; Recently renovated and fully converted to a BP‑branded fuel and convenience retail asset.
More about this property
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