221 2nd Ave SW - Medical FOR SALE


Byron, MN 55920
$2,784,916 USD
262-672-8388
221 2nd Ave SW, Byron, MN for Sale
$2,784,916 USD
Medical - FOR SALE
1/3
null | 7.75% Cap Rate

221 2nd Ave SW
Byron, MN 55920


HIGHLIGHTS

  • ABSOLUTE NNN LEASE: The site features an absolute NNN lease with no landlord responsibilities.
  • LONG-TERM LEASE: This property features a secure long-term lease with ±11 years remaining, providing a reliable stream of rental income for landlord.
  • ANNUAL RENT INCREASES: The lease features 2% annual rent increases, providing investors with a hedge against inflation and consistent rent growth.
  • The global autism spectrum disorder therapeutics market size is estimated to be valued at USD 2.4 billion in 2025.

OVERVIEW

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

$2,784,916 USD

PRICE/SF

$154 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Momentum Behavior Services

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,285 SF

ZONING

C

APN/PARCEL ID

75.32.31.079023

ASK ABOUT THIS PROPERTY

Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

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Kyle MackulakMatthews Real Estate Investment ServicesMore Info
262-672-8388

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