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Pilot-Flying J Travel Center 3181 Evergreen Ln SW

36,000 SF 82% Leased Retail Building Alexandria, MN 56308 $7,937,832 CAD ($220 CAD/SF) 6.48% Cap Rate

Investment Highlights

  • Freestanding Pilot Travel Center in Alexandria, MN - Tenants Include Subway + Dan's Diesel Inc
  • Excellent Visibility from I-94 - 15,000+ Vehicles Pass Site Daily
  • Absolute NNN Lease Structure with Zero Landlord Responsibilities
  • Affluent Area - Average Household Income Exceeds $100,000 within 1 Mile Radius of Site
  • Strong Demos - 8,800+ People Reside within 3 Mile Radius of Site with a Projected +3.89% Population Growth Through 2028
  • 36,000 SF Building on an Oversized 12.81 Acre Lot - Equipped with 50 Parking Spaces

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Truck Stop
Building Size
36,000 SF
Building Class
C
Year Built
2010
Price
$7,937,832 CAD
Price Per SF
$220 CAD
Cap Rate
6.48%
NOI
$514,542 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Land Acres
7.50 AC
Parking
50 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
299 ft on County Road 45 Rd

Amenities

  • Freeway Visibility
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,600 SF
  • Industrial
  • -
  • Now

Ideal location with a captive audience at this busy Truck Stop Just outside of Alexandria along I-94 and Hwy 27. Take advantage of this high traffic corridor. 55x120 = 6600 Sqft Commercial space for your business with front and rear doors, bathroom, signage, 18+ foot ceiling heights, Ten Foot overhead door. Be sure to find the 3D virtual tour and schedule your viewing today. $0.775¢ per sqft Monthly or also calculated at $9.30 per square foot annually. Tenant pays heat and electric. All other costs are a gross appurtenance to a lease.

Space Size Space Use Position Available
1st Floor 6,600 SF Industrial - Now

1st Floor

Size
6,600 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size 6,600 SF
Space Use Industrial
Position -
Available Now

Ideal location with a captive audience at this busy Truck Stop Just outside of Alexandria along I-94 and Hwy 27. Take advantage of this high traffic corridor. 55x120 = 6600 Sqft Commercial space for your business with front and rear doors, bathroom, signage, 18+ foot ceiling heights, Ten Foot overhead door. Be sure to find the 3D virtual tour and schedule your viewing today. $0.775¢ per sqft Monthly or also calculated at $9.30 per square foot annually. Tenant pays heat and electric. All other costs are a gross appurtenance to a lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63-3510-500
Land Assessment
$1,122,101 CAD
Improvements Assessment
$3,671,948 CAD
Total Assessment
$4,794,049 CAD
  • Listing ID: 31393126

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: 3181 Evergreen Ln SW, Alexandria, MN 56308

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