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Off Market
1/4

1102 1st St NE
New Prague, MN 56071


HIGHLIGHTS

  • Turnkey Restaurant Opportunity – Renovated in 2011, this property provides a lucrative opportunity for both existing restaurants
  • “Main and Main” – 10th Ave SE and Maine St E is the strong retail intersection in New Prague
  • Quaint Affluent Suburb – New Prague is only 15 miles from the Twin Cities. There are 13,000+ residents within 3 miles
  • Value-Add Component – Priced below expected replacement cost, the deal offers investors the opportunity to acquire at a low basis.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

FORMER PIZZA RANCH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

4159

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

24-057-006-1