210 Oak St, Farmington, MN 55024
6,050 SF | Retail Building | Farmington, MN 55024 | $468,300 ($77/SF) | 6% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 27 days
Asking Price $468,300
- Property Type
-
Retail
- Square Feet
- 6,050 SF
- Price / Square Foot
- $77
Listing Contacts
Deno Bistolarides
Dante Hargis
Leonard Minuto
Property Overview
Single Tenant Advance Auto Parts Minneapolis-St. Paul Metropolitan Area
Double "NN" Net Lease Structure - Minimal Landlord Responsibilities
One Five Year Option Remaining w/ Rental Increase
Location Has Long Standing Operating History As Auto Parts Store - Over 30 Years
Attractive Small Price Point Deal | Low Cost of Occupancy
Investment Grade Tenant | Advance Auto Parts -S&P BBB- & Moody's Baa2
Minimal Market Competition | Excellent Demographics For Auto Parts Store | Growing Downtown Farmington, MN Location
Farmington, MN Offers Convenient Access To Downtown Minneapolis & St. Paul
Double "NN" Net Lease Structure - Minimal Landlord Responsibilities
One Five Year Option Remaining w/ Rental Increase
Location Has Long Standing Operating History As Auto Parts Store - Over 30 Years
Attractive Small Price Point Deal | Low Cost of Occupancy
Investment Grade Tenant | Advance Auto Parts -S&P BBB- & Moody's Baa2
Minimal Market Competition | Excellent Demographics For Auto Parts Store | Growing Downtown Farmington, MN Location
Farmington, MN Offers Convenient Access To Downtown Minneapolis & St. Paul
Property Details
- Class
- B
- Year Built/Renovated
- 1947/1993
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 9,148 SF
Highlights
- Single Tenant Advance Auto Parts Minneapolis-St.Paul Metropolitan Area
- Double "NN" Net Lease Structure - MinimalLandlord Responsibilities
- One Five Year Option Remaining w/ Rental Increase
- Location Has Long Standing Operating History As Auto Parts Store - Over 30 Years
- Attractive Small Price Point Deal | Low Cost of Occupancy
- Minimal Market Competition | Excellent Demographics For Auto Parts Store | Growing Downtown Farmington, MN Location
Nearby Properties
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