Freestanding For Sale • 6,000 SF
| 100% leased multi-tenant retail asset with national tenants |
| Dual income stream diversifies risk across two service-oriented users |
| Subway expected to exercise 5-year option with 2% annual increases |
| Batteries Plus includes 5-year option with 3% annual increases |
| Attractive price point for investors seeking near-term yield with upside |
| Cap Rate: | 6.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Batteries Plus Bulbs | ||
| Subway |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Elk River Station (Northstar Corridor - Northstar Commuter Rail) | 5 min | - | 1.7 mi |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 49 min | - | 44.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 30 |
| Type: | Surface |
| Included in Rent: | Yes |