810 Dieckmann Dr - Freestanding FOR SALE


Paynesville, MN 56362
$4,829,268 USD
925-348-1844
810 Dieckmann Dr, Paynesville, MN for Sale
$4,829,268 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

810 Dieckmann Dr
Paynesville, MN 56362


HIGHLIGHTS

  • Long Term Net Leased Offering
  • Corporate Guarantee
  • Scheduled Increases in Rent
  • 21,633 Square Foot Building
  • Just off Highway 23
  • Neighboring Several Retailers

OVERVIEW

This offering presents the opportunity to acquire a Tractor Supply Co. property in Paynesville, Minnesota, backed by a long-term double net (NN) lease. The current lease runs through March 31, 2039, providing stable, predictable income, with four additional five-year renewal options that offer long-term upside and flexibility. Positioned just off Highway 23, the property benefits from excellent visibility and easy regional access. It's surrounded by several national retailers, creating a strong retail corridor with consistent traffic and serving a loyal mix of rural and suburban customers. These fundamentals help support the property's long-term investment appeal. The lease is backed by Tractor Supply Co.'s corporate guarantee, providing added security for investors. Rent increases are built into the lease every five years, including throughout each renewal option, creating steady income growth over the life of the investment.

FOR SALE DETAILS

PRICE

$4,829,268 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Co. Long Term Net Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

C-1

APN/PARCEL ID

70.38748.0030

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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