$3,680,000 USD
844-585-7682
5990 Nova Scotia Ave N
Stillwater, MN 55082
Washington Far Eastern Suburbs
HIGHLIGHTS
- Single-Tenant Bank of America with Drive-Thru ATM; Outparcel to Lowe’s Home Improvement and Shadow Anchored by Walmart Supercenter
- 15-Year Absolute NNN Ground Lease
- 10% Increases Every 5 Years; and 11% Increases in Each of the Four 5-Year Options
- Ideally Located Within the Submarket’s Highest Demand Retail Corridor
- This Property is Located in Oak Park Heights, Just Outside of Stillwater, a Highly Sought-After Submarket of the Twin Cities
- The Property is Surrounded by Many National Retailers Including Walmart, Target, Kohl’s, Menard’s, Lowe’s, ALDI, and Many Others
FOR SALE DETAILS
PRICE
$3,680,000 USD
PRICE/SF
$860 USD /SF
CAP RATE
5.3%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America | Stillwater, MN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Commercial
APN/PARCEL ID
05-029-20-11-0055
ASK ABOUT THIS PROPERTY
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844-585-7682
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844-585-7682
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