13110 Excelsior Blvd - Freestanding FOR SALE


Minnetonka, MN 55343- East Minnetonka
$1,697,000 USD
612-369-2287
13110 Excelsior Blvd, Minnetonka, MN for Sale
$1,697,000 USD
Freestanding - FOR SALE
1/7
null | 6.28% Cap Rate

13110 Excelsior Blvd
Minnetonka, MN 55343
East Minnetonka


OVERVIEW

Investment property with long term tenants (Hot-Tubs/Pools biz 24 years and Karate School 42 years). Includes an extra Vacant 3,000 Sq. Ft. steel and block un-heated garage. Great place for Investor to keep toys. Plus a vacant is an 1500 Sq. Ft. office (or studio apartment) on 2nd floor. Great demographic neighborhood between Hopkins and Glen Lake. Current lease for anchor 5 years. Nice curb appeal with brick and granite façade. Gross rent of $166,000 NOI $104k.

FOR SALE DETAILS

PRICE

$1,697,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B-2

APN/PARCEL ID

27-117-22-11-0069

ASK ABOUT THIS PROPERTY

Ed HanlonEdina RealtyMore Info
612-369-2287

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Ed HanlonEdina RealtyMore Info
612-369-2287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.