The Parkwood Speedway is located on a traffic-controlled intersection, at 1435 Division St, Waite Park, MN 56387. Its 3,743 SF premises has an additional upper 2,000 SF office suite, on approx. 1.285 Acres, provides convenience items, Off-Sale Liquor, and a Car Wash. Its Traffic Counts are 23,800 vpd on Division Street, and 7,400 vpd on 15th Avenue North (MN Dot, 2017).
The property enjoys the most desirable setting imaginable for any Convenience Store. Not only does it occupy a corner pad site, located to its immediate north are 11 Acres of upscale, market-rate Apartments. This provides a very large customer base for this Store. These Apartments have access to outdoor activities, with a 7-Acre community park on its westerly border. The 18-screen Marcus Parkwood Cinema, located on the opposite intersection provides an influx of retail customers who are strongly inclined to be Convenience Store patrons.