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1103 4th St S
Cannon Falls, MN 55009
Marathon Gas Station · Retail Property For Sale
Investment Highlights
- Heavy daytime traffic with exposure off of Highway 52
- Situated near multifamily residential
Executive Summary
**Cannon Falls Marathon Gas Station – Business and Real Estate Included**
Fort, Inc. is pleased to offer for sale the Cannon Falls Marathon gas station located at 1103 4th Street South in Cannon Falls, Minnesota. The $4,250,000 offering includes both the fee-simple real estate and the operating business, including the Marathon-branded fuel operation, convenience store and on-site car wash.
The property features separate automobile and diesel fueling areas, a well-stocked convenience store and an established car-wash operation. Its Cannon Falls location provides convenient access to the regional highway network.
The business reports approximately 1,000,000 gallons of annual fuel sales with an average fuel margin of approximately $0.60 per gallon. Financial performance improved in 2025, including:
• 2025 revenue: $5,256,121
• 2025 gross profit: $962,638
• 2025 reported NOI: $449,369
• 2025 recast EBITDA: $699,530
• Asking price: $4,250,000
• Price-to-revenue multiple: 0.81x
• Price-to-recast-EBITDA multiple: 6.08x
• Implied cap rate based on 2025 reported NOI: 10.57%
The stated cap rate is calculated using the reported NOI of the combined real estate and operating business and should not be interpreted as a traditional real-estate-only cap rate.
This offering provides an opportunity to acquire an established branded fuel and convenience-store operation together with the underlying real estate and multiple revenue streams. Additional financial, operational, fuel-supply and property information is available to qualified prospective purchasers, subject to applicable confidentiality requirements and independent buyer verification.
Please contact Darin Groteboer of Fort, Inc. at 619.977.1785 or dgroteboer@comcast.net for additional information or to discuss the offering.
Fort, Inc. is pleased to offer for sale the Cannon Falls Marathon gas station located at 1103 4th Street South in Cannon Falls, Minnesota. The $4,250,000 offering includes both the fee-simple real estate and the operating business, including the Marathon-branded fuel operation, convenience store and on-site car wash.
The property features separate automobile and diesel fueling areas, a well-stocked convenience store and an established car-wash operation. Its Cannon Falls location provides convenient access to the regional highway network.
The business reports approximately 1,000,000 gallons of annual fuel sales with an average fuel margin of approximately $0.60 per gallon. Financial performance improved in 2025, including:
• 2025 revenue: $5,256,121
• 2025 gross profit: $962,638
• 2025 reported NOI: $449,369
• 2025 recast EBITDA: $699,530
• Asking price: $4,250,000
• Price-to-revenue multiple: 0.81x
• Price-to-recast-EBITDA multiple: 6.08x
• Implied cap rate based on 2025 reported NOI: 10.57%
The stated cap rate is calculated using the reported NOI of the combined real estate and operating business and should not be interpreted as a traditional real-estate-only cap rate.
This offering provides an opportunity to acquire an established branded fuel and convenience-store operation together with the underlying real estate and multiple revenue streams. Additional financial, operational, fuel-supply and property information is available to qualified prospective purchasers, subject to applicable confidentiality requirements and independent buyer verification.
Please contact Darin Groteboer of Fort, Inc. at 619.977.1785 or dgroteboer@comcast.net for additional information or to discuss the offering.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
6,344 SF
Building Class
C
Year Built
1996
Price
$5,854,800 CAD
Price Per SF
$922.89 CAD
Cap Rate
10.57%
NOI
$618,852 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.05
Lot Size
3.04 AC
Zoning
C - Commercial
Parking
27 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
350’ on 65th
About 1103 4TH ST S , CANNON FALLS, MN 55009
The property is strategically positioned on the south side of Cannon Falls near U.S. Highway 52 and the Highway 19/20 corridors. Cannon Falls is approximately 40 minutes from both the Minneapolis–St. Paul metropolitan area and Rochester, positioning the station along a heavily traveled regional route connecting two major employment and population centers. The location benefits from convenient highway access, regional and commuter traffic, and surrounding residential, multifamily and commercial development. Additional financial and operational information is available to qualified prospective purchasers.
Property Taxes
| Parcel Number | 52.719.5000 | Improvements Assessment | $712,908 CAD |
| Land Assessment | $428,434 CAD | Total Assessment | $1,141,342 CAD |
Property Taxes
Parcel Number
52.719.5000
Land Assessment
$428,434 CAD
Improvements Assessment
$712,908 CAD
Total Assessment
$1,141,342 CAD
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