122 3rd St W - Freestanding FOR SALE


Thief River Falls, MN 56701
$1,466,000 USD
949-419-3267
122 3rd St W, Thief River Falls, MN for Sale
$1,466,000 USD
Freestanding - FOR SALE
1/7
null | 6.75% Cap Rate

122 3rd St W
Thief River Falls, MN 56701


HIGHLIGHTS

  • Nearby Higher Education Institution: Taco John’s is Less than Two Miles from Northland Community & Technical College, which Enrolls 4,135 Students.
  • Absolute-Net Lease (Zero Landlord Responsibilities): A New 20-year Absolute-Net Lease will be Signed at the Close of Escrow, Featuring 1.5% Annual Inc
  • Conveniently Close to High School: Taco John’s is just Two Blocks South of Lincoln High School, which Serves 567 Students and 84 Employees.
  • Proximity to Cities Major Employer: Less than A Mile Away, Digi-Key Employs Over 5,000 Workers and is Renowned Globally as a Distributor of Electronic
  • Exceptional Visibility and Frontage: Positioned on 3rd Street West, Taco John’s Enjoys Excellent Visibility with a Daily Traffic Count Surpassing 7,70
  • Close to Various Accommodations: Within a Two-Mile Radius, Guests can Find Quality Inn, GrandStay Hotel & Suites, AmericInn by Wyndham, and Americas B

OVERVIEW

» Nearby Higher Education Institution: Taco John’s is Less than Two Miles from Northland Community & Technical College, which Enrolls 4,135 Students. » Absolute-Net Lease (Zero Landlord Responsibilities): A New 20-year Absolute-Net Lease will be Signed at the Close of Escrow, Featuring 1.5% Annual Increases. Store is Slated for a Remodel in 2026 Showing Tenants Further Commitment to Location. » Conveniently Close to High School: Taco John’s is just Two Blocks South of Lincoln High School, which Serves 567 Students and 84 Employees. » Proximity to Cities Major Employer: Less than A Mile Away, Digi-Key Employs Over 5,000 Workers and is Renowned Globally as a Distributor of Electronic Components. » Exceptional Visibility and Frontage: Positioned on 3rd Street West, Taco John’s Enjoys Excellent Visibility with a Daily Traffic Count Surpassing 7,700 Vehicles. » Close to Various Accommodations: Within a Two-Mile Radius, Guests can Find Quality Inn, Grand Stay Hotel & Suites, American by Wyndham, and Americas Best Value Inn & Suites. » Established Brand Recognition: Taco John’s has Over 400 Locations Across 23 States, with Plans to Open 20-25 New Locations in 2024. » Surrounded by Major Retailers: Situated in Close Proximity to Various Major Retailers Including Walmart, Dollar Tree, Ace Hardware, O’Reilly Auto Parts, Subway, Arby’s, Pizza Hut, Dairy Queen, Dominos, and more.

FOR SALE DETAILS

PRICE

$1,466,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco John's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

R-25.00332270

ASK ABOUT THIS PROPERTY

Peter DeltondoDeltondo Advisory GroupMore Info
949-419-3267

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Peter DeltondoDeltondo Advisory GroupMore Info
949-419-3267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.