Retail Space /MN /Mcleod County /Hutchinson /964 Highway 15 S
Retail Space /MN /Mcleod County /Hutchinson /964 Highway 15 S

964 Highway 15 S - Freestanding FOR SALE


Hutchinson, MN 55350 | 
$2,060,000 USD
952-852-9729
964 Highway 15 S, Hutchinson, MN for Sale
$2,060,000 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate
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964 Highway 15 S
Hutchinson, MN 55350

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HIGHLIGHTS

  • Built-to-Suit in 2015 and Tenant Just Extended Five Years
  • Double Net Lease Through 2/28/2031
  • Two Five-Year Options with Rent Increases (8% then 10%)
  • Corporate Guarantee – Over 1,100 Locations
  • +/- 0.56 Acre Corner Lot with Great Visibility

FOR SALE DETAILS

PRICE

$2,060,000 USD

PRICE/SF

$589 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

23.164.0040

ASK ABOUT THIS PROPERTY

Ari ChargoMarcus & MillichapMore Info
952-852-9729

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Ari ChargoMarcus & MillichapMore Info
952-852-9729

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

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