2004 2nd Ave NE - Retail FOR SALE
Stewartville, MN 55976 |
$2,453,333 USD
214-692-2927
2004 2nd Ave NE
Stewartville, MN 55976
HIGHLIGHTS
- ±10 year NN+ lease with minimal landlord responsibility
- Five, 5-year renewal options, all of which include attractive rental increases
- Stewartville is located approximately ±12 miles from Rochester, the 3rd largest MSA in MN
- The subject property is located approximately ±4 miles from Rochester International Airport
- Average household income of $86,077 annually
- Traffic counts on North Main St exceed ±18,473 vehicles daily
OVERVIEW
2024 build-to-suit construction for Dollar Tree
The subject property comes with a 20-year transferable roof warranty
Corporately guaranteed lease by Dollar Tree Stores, Inc
Broker of Record
Kurt Sauer
License No. 40841922 (MN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
701 Xenia Ave S,
Ste 485 Minneapolis MN 55416
FOR SALE DETAILS
PRICE
$2,453,333 USD
PRICE/SF
$245 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.77 AC
LAND SF
76,995 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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214-692-2927
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214-692-2927
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