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Investment Highlights

  • The asset generates ~$700K+ EBITDAR with strong inside sales, strong monthly gallons, and diversified revenue streams, including A&W, a car wash.
  • At 7,337 SF on 1.34 acres, replicating this asset today, accounting for land, construction, environmental, and permitting costs, would likely exceed.
  • Morning commuters, school traffic, midday QSR demand, and evening/local traffic create diversified revenue throughout the day, helping smooth cash.
  • Limited competition in the immediate trade area positions the site as a primary convenience and fuel stop, which is reflected in consistent fuel.
  • mmediate demand drivers support a durable and diversified customer base. Proximity to a high school generates reliable traffic throughout the day.

Executive Summary

We are pleased to exclusively offer for sale the 7,337 SF A&W C-Store Business and Real Estate located at 17280 Highway 23 NE in New London, MN. The asset generates approximately $700,000+ in EBITDAR and benefits from strong inside sales, consistent fuel volumes, and diversified revenue streams, including an A&W restaurant, car wash, and ancillary income sources. This diversified operating model reduces reliance on any single revenue driver and supports stable cash flow, making it an attractive investment opportunity.
In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007 BoR: Scott Reid - Lic. MN #40685006

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
7,337 SF
Building Class
C
Year Built
1992
Price
$4,750,000
Price Per SF
$647.40
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.34 AC
Zoning
Business/Commercial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • A&W C-Store - New London, MN
  • Mining, Quarrying, and Oil and Gas Extraction
  • 7,337 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
A&W C-Store - New London, MN Mining, Quarrying, and Oil and Gas Extraction 7,337 SF - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
60-915-0510
Land Assessment
$213,400
Improvements Assessment
$215,700
Total Assessment
$429,100
  • Listing ID: 41102463

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 17280 Highway 23 NE, New London, MN 56273

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