18820 70th Way N - Retail FOR SALE


Maple Grove, MN 55311
$3,906,000 USD
844-585-7682
18820 70th Way N, Maple Grove, MN for Sale
$3,906,000 USD
Retail - FOR SALE
1/6
null | 5.35% Cap Rate

18820 70th Way N
Maple Grove, MN 55311


HIGHLIGHTS

  • New Construction Heartland Dental Pad to Hy-Vee; Long-Term Corporate Lease
  • Rare 12-Year Corporate Absolute NNN Lease; No Landlord Responsibilities
  • 10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
  • Heartland Dental Is the Nation’s Largest Dental Support Organization With 1,800+ Locations
  • Rapid Growth Community: Of the 10 Largest Cities in Hennepin County, Maple Grove Will See the Most Growth Over the Next 20 Years
  • 76% Population Growth Within a 1-Mile Radius From 2010 to 2025

OVERVIEW

Rare Long-Term Corporate Absolute NNN Lease | 10% Increases Every 5 Years | Extremely Affluent Twin Cities Suburb ($228K AHHI)

FOR SALE DETAILS

PRICE

$3,906,000 USD

PRICE/SF

$930 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

heartland Dental | Maple Grove, MN

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

-

APN/PARCEL ID

30-119-22-33-0004

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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