7997 Lake Dr - Retail FOR SALE
Circle Pines, MN 55014 |
7997 Lake Dr
Circle Pines, MN 55014
HIGHLIGHTS
- Turn-Key Operation – Fully equipped gas station & convenience store, with additional additional income from liquor store & restaurant tenants.
- High Performing Location – #1 Most Visited Marathon in Lino Lakes, Top 77% in Minnesota (AlphaMap)
- Bonus Depreciation Eligible – Consult with your CPA
- Multi-Tenant Concept – Liquor store & restaurant tenant attract broader customer base & provide $48,000 in rent annually to landlord.
- Open Fuel Contract – Current contract can be terminated with 30 days notice.
- Portfolio Sale – This property can be purchased with 2636 University Ave SE, Minneapolis, MN 55418 for a portfolio discount.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
MARATHON
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
6300
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
09-31-22-22-0011
