Log In/Sign Up
Your email has been sent.
Speedway 3357 SE University Ave 2,501 SF Retail Building Minneapolis, MN 55414 $2,947,000 ($1,178.33/SF) 6% 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
Brian Brockman
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
License # 40628603 (MN)
Bang Realty, Inc.
2939 Vernon Place Cincinnati OH 45219
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,501 SF
Building Class
C
Year Built
1979
Price
$2,947,000
Price Per SF
$1,178.33
Cap Rate
6%
NOI
$176,826
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.41 AC
Zoning
C1 - Commercial
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
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 | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-029-23-41-0049 | Improvements Assessment | $457,300 |
| Land Assessment | $968,700 | Total Assessment | $1,426,000 |
Property Taxes
Parcel Number
30-029-23-41-0049
Land Assessment
$968,700
Improvements Assessment
$457,300
Total Assessment
$1,426,000
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Speedway | 3357 SE University Ave