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31134674
31134673

5050 Hecker Rd, Manitowoc, WI 54220

DI
CO FA.100023779
Marcus & Millichap - Denver
BB
CO FA.100065515
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$4,446,000
78 days on market
Updated 52 days ago

Shell Fuel / C-Store + McDonald's

Details
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 6,879
Net Rentable (SqFt) 6,879
Units 1
Cap Rate 6.4%
NOI $284,573
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's, Shell (+1)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 08/31/2037
Remaining Term 11.2
Rent Bumps Yes
Lease Options 4 x 5-Year
Price per SqFt $646
Year Built 2000
Year Renovated 2017
Buildings 2
Acreage 2.000
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 08/30/2022
Occupancy Date 08/30/2022
Ground Lease No

11+ YRS REMAINING ABS NNN | 6.40% CAP | 8 FUEL PUMPS + CAR WASH

Investment highlights

FULL-SERVICE SHELL SITE WITH 8 FUEL PUMPS + ON-SITE CAR WASH

This high-performing Shell location features eight fueling stations and an integrated

car wash, driving consistent multi-use demand from both commuter and destination

traffic. The combination of fuel, convenience retail, and wash services enhances revenue

diversification and maximizes daily transaction volume—making it a durable, necessitybased

asset with built-in operating efficiency and high repeat visitation.

ANCHOR-CORNER LOCATION - OVER 37,000 CARS/DAY U.S. HWY 151 & INTERSTATE 43

Situated on the dominant retail corner of U.S. Highway 151 (Calumet Ave) and Interstate 43, the property benefits from exceptional visibility and seamless access, with 18,500+ vehicles per day on both roadways. This intersection functions as the primary commercial gateway into Manitowoc and ranks among the most heavily trafficked crossroads in the region.

CROSS-TRAFFIC FROM MENARDS, MEIJER, LOWE’S, WALMART & RETAIL ADJACENCIES

Positioned directly across from Menards and adjacent to Lowe’s, Harbor Freight Tools, T.J. Maxx, and Subway, the site captures repeat visits from multi-stop shoppers. The co-tenancy drives dwell time and convenience-oriented spending, reinforcing the property’s traffic stability and fuel volume performance.

91ST PERCENTILE PERFORMANCE – 640K+ ANNUAL VISITS (PLACER.AI)

The Shell-branded fuel station sees more than 641,200 annual visits, placing it in the

91st percentile nationally among over 76,000 gas station and c-store locations (ranked

#6,827 out of 76,130). This top-tier traffic volume underscores the location’s operational

strength and consistent consumer demand.

MCDONALD’S DRIVE-THRU ON SITE -NATIONAL QSR WITH BUILT-IN DAILY DEMAND

The property features an on-site McDonald’s with a full drive-thru, delivering a consistent

stream of high-frequency traffic throughout all dayparts. As the largest quick-service

restaurant brand in the U.S., McDonald’s drives repeat visits and impulse stops from

both local residents and travelers along U.S. 151 and I‑43. The integration of fuel, food,

and convenience retail at this location enhances dwell time, consumer spend per visit,

and operational synergy—making it a highly functional, daily-use destination.

Listing Contacts

DI
CO FA.100023779
Marcus & Millichap - Denver
BB
CO FA.100065515
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$284,573.00
$23,714.42/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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Additional Information

Name
Todd Lindblom
License
56163-90
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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