BP NNN Property For Sale — Elk Mound, WI · 3,043 SF
Elk Mound, WI 54739
Fee-simple investment opportunity featuring a recently renovated BP-branded fuel and convenience retail property located along 850th Street near US-12, offering immediate access to Interstate 94 in Western Wisconsin. The property is secured by an absolute triple-net (NNN) lease with approximately 19 years remaining, providing long-term passive cash flow with 2% annual rent escalations throughout the base term and option periods. The lease is backed by KeyStone Retail and Affiliates, a proven 39-unit operator. Positioned near major regional transportation corridors minutes from Eau Claire and Menomonie, the site benefits from robust traffic, strong visibility, and proximity to regional employment drivers. The property also offers potential eligibility for 100% bonus depreciation.
- Address: Elk Mound, WI 54739
- Asking price $1.39M
- 7.65% cap rate
- NOI $106,000
- 18.8 years remaining
- NNN lease
- Building size: 3,043 SF
- Rent increases: Annual
- Guarantor: Corporate
Location
This BP property is in Elk Mound, Wisconsin.
Asset type: Gas Station / Convenience Store