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102 Mill St S
Brownsdale, MN 55918

$1,280,000 USD

General Retail For Sale  •  1,780 SF

Property Details

  • Property Type General Retail
  • Total Building Size 960 SF
  • Lot Size 0.19 AC
  • Building Class B
  • Year Built 1966
  • Cap Rate 7.65 %
  • Tenancy Single
20 Walk Score

Highlights

±19 Years Remaining on Absolute-NNN Lease
2% Annual Rent Increases During Initial Lease Term and Options
Potential for 100% Bonus Depreciation (Fee-Simple Asset)
Large Scale Established & Successful Operator (39-Unit Guaranty)
Clean Environmental Reports And Recent Survey On File
Site Is Currently Undergoing A Rebranding To BP Entirely At Tenant's Expense

Property Flyers

Cap Rate: 7.65 %

Public Transportation

AirportDriveWalkDistance
Rochester International 41 min - 34.2 mi
Jeni Tran Marcus & Millichap
Jeni Tran Marcus & Millichap