Indee Mini Mart | 35194 Diagonal St
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Indee Mini Mart 35194 Diagonal St
2,025 SF 100% Leased Retail Building Independence, WI 54747 £681,275 (£336/SF) 8% Net Initial Yield
Investment Highlights
- Absolute NNN Portfolio Sale-Leaseback – Properties Available as a Portfolio or Individually.
- Experienced Operator – The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores currently under ma
- Bonus Depreciation – Fee Simple ownership structure may allow for bonus depreciation benefits. Consult with a tax professional.
- Strong Guarantee – Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio
- Strong Historical Financial Performance – Property has consistently reported increased revenue annually. Financials available for review.
- Environmental Reports – Recent environmental reports available for review.
Executive Summary
Matthews Real Estate Investment Services™ presents the exclusive listing of 6 absolute NNN gas stations for a large, experienced gas station operator based in the Midwest. These properties exhibit healthy performance ratios, and present an exciting opportunity for passive investors looking for high returns with annual rent increases from a successful operator. Additionally, each property has seen consistent increases in revenue year over year since changing ownership.
Lease Term: 20 Years (Commences on Close of Escrow)
Annual Rent Increases: 1.5%
Lease Type: Absolute NNN (Zero Landlord Responsibilities)
2789 22nd St, Rice Lake, WI - $2,000,000
2671 27th St, Mikana, WI - $800,000
612 Dallas St, Chetek, WI - $1,600,000
425 3rd St, Cornell, WI - $900,000
23150 Whitehall Rd, Independence, WI - $1,050,000
35194 Diagonal St, Independence, WI - $850,000
Broker of Record
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Lease Term: 20 Years (Commences on Close of Escrow)
Annual Rent Increases: 1.5%
Lease Type: Absolute NNN (Zero Landlord Responsibilities)
2789 22nd St, Rice Lake, WI - $2,000,000
2671 27th St, Mikana, WI - $800,000
612 Dallas St, Chetek, WI - $1,600,000
425 3rd St, Cornell, WI - $900,000
23150 Whitehall Rd, Independence, WI - $1,050,000
35194 Diagonal St, Independence, WI - $850,000
Broker of Record
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,025 SF
Year Built/Renovated
1989/2024
Price
£681,275
Price Per SF
£336
Net Initial Yield
8%
NOI
£54,502
Percent Leased
100%
Number of Floors
1
Building FAR
0.13
Lot Size
0.37 AC
1 of 4
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Indee Mini Mart | 35194 Diagonal St
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