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Off Market
1/7

12940 Prosperity Ave
Becker, MN 55308


HIGHLIGHTS

  • Highly Visible Location on a Main Artery
  • Class A Industrial Distribution Building
  • Mission Critical Asset
  • Long-Term Tenant - Recent Extension
  • Furniture is in Demand During Covid-19 as People Spend More Time at Home
  • One-On-One Appointments for Shoppers & Contactless/Garage Drop Shipping

OVERVIEW

Class A Industrial Distribution building for sale in Becker, MN. The property has an excellent location just off of Highway 10 and is in close proximity to both the Twin Cities and the St. Cloud area. The property is currently leased to long-term tenant, Becker Furniture, and is a mission critical asset for the tenant. This is an easy to own net leased offering with an absolute triple net lease, which has zero landlord responsibilities. The tenant recently extended to secure a 10 year commitment at this core facility, which includes manageable rent with annual bump structure. Becker Furniture World was founded in 1978 by the Huseby family, who continue to own and run Becker Furniture today. With continuous expansions and innovative retailing, Becker has become a true retail destination. The 250,000 SF Flagship store in Becker, MN is one of the five largest furniture showrooms in the country. (From beckerfurnitureworld.com)

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Becker Furniture Distribution Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

38 Ft

DOCKS

22

DRIVE INS

4

PARKING SPACES

96

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

60-448-0110