8798 Parkview Ave NE - Freestanding FOR SALE
Otsego, MN 55330 |
8798 Parkview Ave NE
Otsego, MN 55330
HIGHLIGHTS
- Brand New 10-Year Leases with 10 Percent Rental Increases Every Five Years and Multiple Renewal Options
- New High-Quality 2022 Construction with a Drive-Thru
- 100% Leased to Two Diverse National Tenants
- Subject Property is the 2023 Winner of the Minnesota Shopping Center Association STARR Award for New Construction: Retail Multi-Tenant under 10,000 SF
- 52,049 Residents within a Five-Mile Radius - Minneapolis MSA
- Households are Projected to Increase Over 11 Percent in the Immediate Area by 2027
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Heartland Dental & Dunkin'
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
5418
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
14
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
118-357-001010
