2700-2750 N Douglas Dr N - Freestanding FOR SALE


Crystal, MN 55422
$2,500,000 USD
952-563-6605
2700-2750 N Douglas Dr N, Crystal, MN for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

2700-2750 N Douglas Dr N
Crystal, MN 55422


HIGHLIGHTS

  • Value-Add - low average rent of $10 net per square foot
  • Long Term Tenants - Most of the tenants have had longstanding presence at the property and have a loyal following
  • Strong Daytime Population - over 112k people within a 3-mile radius, a captive audience for the property’s businesses
  • Solid Demographics - Average household income in excess of $113k & population of 103K within 3 miles
  • Legacy Property - The property has had the same owner for the past 25+ years

OVERVIEW

- Value-Add - low average rent of $10 net per square foot - Long Term Tenants - Most of the tenants have had longstanding presence at the property and have a loyal following - Strong Daytime Population - over 112k people within a 3-mile radius, a captive audience for the property’s businesses - Solid Demographics - Average household income in excess of $113k & population of 103K within 3 miles - Legacy Property - The property has had the same owner for the past 25+ years.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lamplighter Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

21-118-21-33-0039

ASK ABOUT THIS PROPERTY

Amy SennMid-America Real Estate Corp.More Info
952-563-6605

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Amy SennMid-America Real Estate Corp.More Info
952-563-6605

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