8156 NE Highway 65 2,048 SF Retail Building Minneapolis, MN 55432 $1,374,417 CAD ($671.10 CAD/SF) 6.18% Cap Rate
INVESTMENT HIGHLIGHTS
- Plentiful Traffic Drivers, Retail and Non-Retail
- Extremely high traffic counts per day with very favorable traffic patterns
- Strategically located in an outstanding population growth area
- Sales are up at this location
EXECUTIVE SUMMARY
Long-term NNN lease with No landlord responsibilities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,048 SF
Building Class
C
Year Built
1976
Price
$1,374,417 CAD
Price Per SF
$671.10 CAD
Cap Rate
6.18%
NOI
$84,964 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.71 AC
Parking
15 Spaces (7.32 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-30-24-24-0013 | Improvements Assessment | $336,067 CAD |
| Land Assessment | $312,461 CAD | Total Assessment | $648,527 CAD |
