315 8th Ave - Freestanding FOR SALE


Madison, MN 56256
$912,824 USD
310-971-3116
315 8th Ave, Madison, MN for Sale
$912,824 USD
Freestanding - FOR SALE
1/9
null | 8.25% Cap Rate

315 8th Ave
Madison, MN 56256


HIGHLIGHTS

  • Approximately 4.33 Years of Guaranteed Lease Term Remaining (Lease Exp: November 2030)
  • 2015 Construction - Build-to-Suit Dollar General
  • 9,026 SF Building | 1.10 Acre Parcel
  • Five (5) - Five (5) Year Option Periods at 10% Rent Increases
  • Absolute NNN Lease with ZERO Management Responsibilities

OVERVIEW

Schuchert Retail Group and Brian Brockman (Bang Realty, Inc.?) are pleased to exclusively present for sale the 9,026 SF Dollar General located at 315 8th Avenue, Madison, MN 56256.? In Conjunction With: Brian Brockman (Bang Realty, Inc.?) MN License #40628602

FOR SALE DETAILS

PRICE

$912,824 USD

PRICE/SF

$101 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - 4.33 Yrs - Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

54-0615-000

ASK ABOUT THIS PROPERTY

Joe SchuchertSchuchert Retail GroupMore Info
310-971-3116

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

Joe SchuchertSchuchert Retail GroupMore Info
310-971-3116

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