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964 Highway 15 S
Hutchinson, MN 55350

$1,900,000 USD

Freestanding For Sale  •  3,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,500 SF
  • Lot Size 0.56 AC
  • Building Class B
  • Year Built 2015
  • Cap Rate 7.04 %
  • Tenancy Single
0 Transit Score
71 Walk Score

Highlights

Built-to-Suit in 2015 and Tenant Just Extended Five Years
Double Net Lease Through 2/28/2031
Two Five-Year Options with Rent Increases (8% then 10%)
Corporate Guarantee – Over 1,100 Locations
+/- 0.56 Acre Corner Lot with Great Visibility

Property Flyers

Cap Rate: 7.04 %

Major Tenants

Tenant SF Occupied Lease End Date
Aspen Dental 3,500 SF
Ari Chargo 952-852-9729 Marcus & Millichap
Ari Chargo 952-852-9729 Marcus & Millichap