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- LoopNet Team
1320 Highway 15 S
Hutchinson, MN 55350
Retail Property For Sale
PROPERTY FACTS
- 347 ft on Mn-15 Hwy S
- 248 ft on Denver Ave
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
About 1320 Highway 15 S , Hutchinson, MN 55350
A recently renovated center, County Fair Marketplace has excellent credit tenants in Aldi and PetSmart, which account for 88% of the leased space. Aldi has 9 years of remaining term with a rent increase in 2022 and five 5-year options with contractual rent increases. PetSmart is under construction and signed a new 10-year lease with four 5-year options including contractual rent increases. Pizza Ranch has 19.5 years of remaining term with scheduled rent increases of approximately 7% every five years and also has two 5-year options. With a superior location in Hutchinson, the center has direct access and visibility from Highway 15 in Hutchinson’s primary retail node. Additional retailers in the area include JoAnn Fabrics, Cash Wise (Coborn’s), Menards, Dollar Tree, Dunham’s Sports, Buffalo Wild Wings, Great Clips and numerous other retailers and restaurants. County Fair Marketplace presents an ideal, stabilized investment opportunity with excellent credit anchors Aldi and PetSmart on long-term leases in the top shopping center in Hutchinson. This property is superior in its location, anchors, shadow anchors, tenant mix and regional draw.
PROPERTY TAXES
Parcel Number | 23.325.0050 | Improvements Assessment | $4,559,867 |
Land Assessment | $2,537,920 | Total Assessment | $7,097,787 |
PROPERTY TAXES
Listing ID: 11850951
Date on Market: 2018-03-09
Last Updated:
Address: 1320 Highway 15 S, Hutchinson, MN 55350
The Retail Property at 1320 Highway 15 S, Hutchinson, MN 55350 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.