7-Eleven/Speedway (Dark)
7-Eleven/Speedway (Dark) | 6.31% Cap | Waite Park, MN
Marketing description
This property is located on Division Street where strong traffic counts average over 23,800 vehicles per day and near Kohl's, Aldi, Dollar Tree, Hobby Lobby, Home Depot, Dick's Sporting Goods, Five Below, and many more retailers. Waite Park is located 4 miles from downtown St. Cloud and is just over 70 miles from the Twin Cities. Waite Park is known for the Quarry Park & Nature Preserve—the site of 20 former granite quarries & miles of hiking trails—is one of the largest attractions in the Greater St. Cloud area.
St. Cloud, in a county seat, is the eighth largest city in Minnesota, According to BestPlaces.net, St. Cloud ranks in the top ten for having the best public schools in America, and is also ranked as one of the safest cities in Minnesota. "The Granite City" is home to almost 6,000 historic structures. It is home to the Whitney Sports Complex which serves more than 100,000 visitors per year.
Investment highlights
- 7-Eleven/Speedway have vacated the property.
- Property includes 8 fuel dispenses, underground storage tanks, and a car wash.
- Redevelopment opportunity
- High traffic counts of 23,800 vehicles per day on Division Street
- Strong demographics within a 5-mile radius population over 104,000 and average household income exceeding $86,000.
- Ability to receive additional rent by leasing 1,500 square foot apartment
- Well located near The Home Depot, Menards, Dick's Sporting Goods, Fresh Thyme, Starbucks, etc.
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