30 Nathan Ln - Freestanding FOR SALE


Plymouth, MN 55441- Medicine Lake
$5,850,000 USD
612-598-4001
30 Nathan Ln, Plymouth, MN for Sale
$5,850,000 USD
Freestanding - FOR SALE
1/1
null | 7% Cap Rate

30 Nathan Ln
Plymouth, MN 55441
Medicine Lake


HIGHLIGHTS

  • The property has 277 parking stalls and parking lot was paved in 2016
  • On the Northwest corner of Highway 394 and 169
  • Close proximity to the General Mills ,Interchange building,Emagine Movies Theater
  • Same owner for 25 years with long term tenants
  • Building was upgraded with new roof in 2007 and 2016
  • Fiber Optic internet on the property

OVERVIEW

Prime investment opportunity located 5 minutes from downtown and 20 minutes from international airport. Property has had the same owner for the last 25 years, and has long term tenants of 20 years.Located in the NW corner of Hwy's 394 and 169 - two major arteries of Twin Cities.Walking distance to General Mills and Interchange complexes with thousands employees.12 screen Emagine Theater across the parking lot. Large lot of 4.85 acres with 277 parking stalls creates possibility to add more buildings or eventually redevelop whole site.All tenants are long term and committed to this site for its convenience and location.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

277

LAND DETAILS

LAND ACRES

4.85 AC

LAND SF

211,266 SF

ZONING

C4

APN/PARCEL ID

36-118-22-43-0020

ASK ABOUT THIS PROPERTY

Mark StipakovJem PropertiesMore Info
612-598-4001

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

Mark StipakovJem PropertiesMore Info
612-598-4001

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