Shell Gas Station | Absolute-NNN Lease | ±19 Years… — Sale in Fairmont, MN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fairmont, MN 56031
Photos



Investment Figures
- Cap rate
- 7.35%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present a Shell-branded fuel and convenience retail asset located along Albion Avenue, a key commercial and commuter corridor in Fairmont, Minnesota. The property is secured by a long-term absolute-NNN lease with ±19 years remaining, offering investors stable, passive income backed by KeyStone Retail and Affiliates, an established 39-unit operator with a proven multi-market track record. The site benefits from strong visibility, immediate proximity to Interstate 90, and consistent traffic generated by surrounding residential neighborhoods, agricultural operations, and regional employers. Positioned within Fairmont’s primary commercial trade area and surrounded by national retailers—including Hy-Vee, Walmart, Dunham’s, Dollar Tree, Fareway, O’Reilly Auto Parts, and Ford—the property is strategically located to capture daily consumer demand. With 2% annual rent increases, a fee-simple ownership structure, and potential eligibility for 100% bonus depreciation, this offering provides an attractive, long-term net-lease investment in a stable southern Minnesota market. Investment Highlights: • ±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) • Clean Environmental Reports And Recent Survey On File • Established Shell Gas Station & Convenience Store • Positioned Within Fairmont's Primary Commercial Trade Area
Market Context
This retail in Fairmont, MN is listed for sale. It is offered at an approximate 7.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Fairmont, MN — view the full market.
Contact
- Jason Fefer · (310) 909-2394 · jason.fefer@marcusmillichap.com
- Tyler Bindi · (310) 909-2374 · tyler.bindi@marcusmillichap.com
- Rob Narchi · (310) 909-5426 · robert.narchi@marcusmillichap.com
- Jon Ruzicka · (952) 852-9700
Explore this market
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