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4460 Fountain Hills Dr Prior Lake, MN 55372

  • Retail properties
  • 22,700 SF
  • 2.14 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Holiday Stationstores | Car Wash / Car Wash
  • U.S. Bank ATM / Atm
  • Circle K / Gas Station
  • Redbox / Movie Rental Store / Movie Rental Kiosk
  • Holiday Stationstores / Convenience Store / Breakfast Restaurant

Property Details for 4460 Fountain Hills Dr

Lot size
2.14 lot acres
Property size
22,700 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores

Description

This exceptional investment opportunity presents a portfolio of three absolute triple-net (NNN) leased convenience stores and gas stations in Minnesota. The portfolio totals 22,700 square feet situated on 2.14 acres of land. Currently 100% occupied, the properties are branded as Holiday Stationstores, a well-known regional brand, and part of the Alimentation Couche-Tard/Circle K family of companies. Each location benefits from a strong corporate guarantee and a credit-rated tenant, minimizing landlord responsibilities. The current lease term extends to September 30, 2027, with two 5-year renewal options, each including a 13% rent increase. The portfolio generates a substantial net operating income (NOI) of $1,078,290, resulting in an attractive 7.07% cap rate. The asking price for this portfolio is $15,250,000. Beyond base rent, the investment includes performance-based rent, offering potential upside based on store performance. This portfolio represents a stable, low-maintenance investment with significant long-term growth potential in a strong economic region. The properties are located in Prior Lake, MN, and two other Minnesota markets. This is an absolute NNN lease, meaning the tenant is responsible for all property expenses, including taxes, insurance, and maintenance. Potential bonus depreciation may be available (consult your tax advisor).

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Prior Lake
County
Scott
State
Minnesota
Longitude
-93.4298
Latitude
44.746
More about this property
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