3200 W Highway 13 W - Showroom FOR SALE
Burnsville, MN 55337 |
3200 W Highway 13 W
Burnsville, MN 55337
HIGHLIGHTS
- STARTING BID $600,000 | $192k NOI | AUCTION AUGUST 8-10, 2022
- Single-Tenant, NNN Asset Occupied by American Freight Furniture & Mattress with 1.5 years base term and two 5-year options remaining
- Huge Upside with Long-Term Tenant Below Market Rent | Current Market Rates of $10 PSF NNN
- Current NOI is $192,284 | Absolute NNN (Zero Landlord Responsibilities) with One Percent Annual Rent Increases
- Nearby National Retailers include O’Reilly Auto Parts, Harbor Freight, Menards, Walmart, McDonald’s, Red Wing Shoes, and more
- Location within the Minneapolis Metro Area | Traffic Counts Exceed 50,000 VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Auction | NNN American Freight – 51K VPD
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Showroom
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
UTILITIES
Lighting, Water, Sewer
CLEAR CEILING HT
-
DOCKS
2
DRIVE INS
4
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
02-15825-01-020
