BP for Sale in East Bethel, MN

East Bethel, MN

RetailConvenience StoreGas StationAbsolute NNNNet Lease

Key Investment Metrics

Price

$1,775,000

Cap Rate

6.8%

Net Operating Income

$120,000

Building Size

3585 SF

Land Area

1.28 Acres

Remaining Term

15 years

Lease Expiration

06/30/2041

Lease Term

15.1 years

Lease Commencement

05/29/2026

Lease Type

Absolute NNN

Year Built

1996

Occupancy

100%

Tenancy

Single

Rent Increases

Yes

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Property overview

BP in East Bethel

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
3,585 SF
Land area
1.28 acres
Year built
1996
Lease type
Absolute NNN
Lease expiration
06/30/2041

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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