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Speedway 3357 SE University Ave 2,501 SF Retail Building Minneapolis, MN 55414 $3,067,826 ($1,226.64/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment-Grade Credit: 7-Eleven holds an ‘A-’ S&P rating.
- High Traffic Site: Ranks in the 92nd percentile in Minnesota (Alpha Maps).
- Fee Simple – Absolute NNN: Zero landlord responsibilities; passive income.
- Global Brand: 85,000+ locations worldwide, including 13,000+ in the U.S. and Canada
- Long-Term Tenancy: Operating at this location for 25+ years.
- University Proximity: Less than 1 mile from the University of Minnesota (84,000+ students/staff).
EXECUTIVE SUMMARY
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
Speedway is a U.S.-based convenience store and fuel station chain founded in 1952. Headquartered in Irving, Texas, the company operates thousands of locations across 34 states, offering gasoline, diesel, and a wide range of convenience products. Originally part of Marathon Petroleum, Speedway was acquired by Seven & I Holdings, the parent company of 7-Eleven, in 2021. The brand is known for its Speedy Rewards loyalty program and services such as car washes and ATMs. Speedway ranks among the largest convenience store chains in the country, focusing on high-volume self-service stations and integrated retail operations.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-029-23-41-0049 | Improvements Assessment | $554,000 |
| Land Assessment | $872,000 | Total Assessment | $1,426,000 |
PROPERTY TAXES
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Speedway | 3357 SE University Ave
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