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Photography available after free registration below
Virtual Drive-By

Marathon Absolute NNN

2671 27th Street · Mikana, WI 54857 · Convenience / Fuel

Asking price
$3,677,419
Cap rate
7.75%
NOI
$285,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining14.9 yrs
Expiration06/2041
Rent bumpsYes
OptionsFour 5-Year
Ground leaseNo
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF—
Price / SF—
Year built—
Lot size—
TypeConvenience Store, Gas Station
Days on market20

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Absolute NNN Master Lease -

Secured by a new 15 Year NNN master lease with 2% annual rent increases.

Strategic Highway & Arterial Access -

Locations positioned along well-traveled corridors with convenient locations for both local and commuter traffic. Both have dual access as well as great visibility and signage.

Stable, Growing Midwest Markets -

Located in dependable secondary and tertiary markets experiencing steady population growth.

Solid Market Fundamentals -

Benefiting from tight vacancy conditions, with approximately 3% vacancy in the markets, supporting long-term stability.

Essential Service Retail -

Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. Both locations have limited competition and provide shopping options for essential items.

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.