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Verizon - Winona, MN 930 Frontenac Dr

3,000 SF Retail Building Winona, MN 55987 $2,216,923 CAD ($739 CAD/SF) 7% Cap Rate

Mixed Use Properties Minnesota Winona 930 Frontenac Dr, Winona, MN 55987

Investment Highlights

  • Verizon Recently Signed a Brand New 5-Year Extension, Demonstrating Their Commitment to the Site
  • Dense Retail Corridor: Walmart Supercenter, Target, Menards, Walgreens, Aspen Dental, Qdoba, Among Many Others
  • Nearby Universities: Winona State University (6,200 Students) and Saint Mary's University Winona Campus (4,000 Students)
  • Corporate Guaranteed Lease From Verizon Wireless (NYSE: VZ); Verizon Has Over 2,300 Retail Locations Worldwide
  • Close Proximity: Winona Health, a 400,000 Square Foot Hospital; the Medical Campus Has 90 Active Physicians, 49 Beds

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the 3,000 SF Verizon Located at 930 Frontenac Drive in Winona, MN. Verizon Recently Signed a Brand New 5-Year Extension, Demonstrating Their Commitment to the Site and This Deal Has a Corporate Guaranteed Lease From Verizon Wireless (NYSE: VZ), Providing For a Unique Investment.

In Cooperation With ParaSell, Inc. , A Licensed Minnesota Broker - Lic. #40685007 BoR: Scott Reid - Lic. MN #40685007

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,000 SF
Building Class
B
Year Built
2012
Price
$2,216,923 CAD
Price Per SF
$739 CAD
Cap Rate
7%
NOI
$155,213 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Land Acres
0.38 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Verizon Wireless
  • Retailer
  • 3,000 SF
  • $51.74 CAD
  • Double Net
  • Dec 2029
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Verizon Wireless Retailer 3,000 SF $51.74 CAD Double Net Dec 2029

Links

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Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
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Bike Score® measures bikeability of a location.
What is a Walk Score®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 32.366.0010 Improvements Assessment $469,492 CAD
Land Assessment $305,274 CAD Total Assessment $774,766 CAD

PROPERTY TAXES

Parcel Number
32.366.0010
Land Assessment
$305,274 CAD
Improvements Assessment
$469,492 CAD
Total Assessment
$774,766 CAD
(612) 432-9935

  • Listing ID: 33929166

  • Date on Market: 2024-11-20

  • Last Updated:

  • Address: 930 Frontenac Dr, Winona, MN 55987

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Verizon - Winona, MN | 930 Frontenac Dr
(612) 432-9935 x

Verizon - Winona, MN | 930 Frontenac Dr

Evan Beeson

(612) 432-9935

(612) 432-9935

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