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QuikTrip 2159 Madison Ave 3,520 SF Retail Building Granite City, IL 62040 $3,036,212 CAD ($862.56 CAD/SF) 5.75% Cap Rate
Executive Summary
Corporate QuikTrip Gas Station and C-Store Absolute NNN Lease:
– 35-year operating history at the property with 4 years remaining
– QuikTrip is one of the nation’s leading convenience and gasoline retailers with over 1,100 convenience stores in 20 states
– Ranked as one of the “Best Companies To Work For” for 15+ years (Fortune)
– #2 “Best Convenience Stores in the U.S.” – American Consumer Satisfaction Index (2024)
– #9 “Largest Convenience Store Retailers” – CSP (2025)
Across from Gateway Regional Medical Center (343-Beds, 705 Employees), One of the Largest Employers in the Area
Hard-Corner Signalized Intersection (21,000+ CPD) with Frontage Along Madison Avenue
St. Louis MSA is One of the Largest MSA’s in the United States: 2.8 million residents
– 35-year operating history at the property with 4 years remaining
– QuikTrip is one of the nation’s leading convenience and gasoline retailers with over 1,100 convenience stores in 20 states
– Ranked as one of the “Best Companies To Work For” for 15+ years (Fortune)
– #2 “Best Convenience Stores in the U.S.” – American Consumer Satisfaction Index (2024)
– #9 “Largest Convenience Store Retailers” – CSP (2025)
Across from Gateway Regional Medical Center (343-Beds, 705 Employees), One of the Largest Employers in the Area
Hard-Corner Signalized Intersection (21,000+ CPD) with Frontage Along Madison Avenue
St. Louis MSA is One of the Largest MSA’s in the United States: 2.8 million residents
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,520 SF
Building Class
C
Year Built
1994
Price
$3,036,212 CAD
Price Per SF
$862.56 CAD
Cap Rate
5.75%
NOI
$174,563 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.28 AC
Opportunity Zone
Yes
Frontage
219’ on Madison Ave
Property Taxes
| Parcel Number | 22-2-20-18-18-303-002 | Improvements Assessment | $474,513 CAD |
| Land Assessment | $96,172 CAD | Total Assessment | $570,685 CAD |
Property Taxes
Parcel Number
22-2-20-18-18-303-002
Land Assessment
$96,172 CAD
Improvements Assessment
$474,513 CAD
Total Assessment
$570,685 CAD
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QuikTrip | 2159 Madison Ave
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