810 E 9th St - Retail FOR SALE


Winona, MN 55987
$814,529 USD
214-295-8749
810 E 9th St, Winona, MN for Sale
$814,529 USD
Retail - FOR SALE
1/3
null | 6.65% Cap Rate

810 E 9th St
Winona, MN 55987


HIGHLIGHTS

  • Recent Upgrades: This location was converted into a Napa store in 2018 with major improvements including brand new HVAC, plumbing and electrical.
  • Long Term Lease & Annual Increases: There are over ±9.5 years remaining on the lease with rare 1.50% annual increases.
  • Ideal Demographics: The 10-mile population is over 41,500 residents featuring an average household income of $85,048, ideal for the target customers
  • Retail Synergy: The subject property is located ½ mile from several major retailers such as Walmart Supercenter, Target, Menard’s, Walgreens
  • Corporate Guarantee: Genuine Parts Company (NYSE: GPC), is a global service organization engaged in the distribution of automotive
  • Limited Landlord Responsibilities: The landlord and the tenant equally split the repair/replacement costs of the roof, structure, parking lot

OVERVIEW

Broker of Record Kurt Sauer License No. 40841922 (MN) (866) 889-0550 Matthews Real Estate Investment Services, Inc 701 Xenia Ave S, Ste 485 Minneapolis MN 55416

FOR SALE DETAILS

PRICE

$814,529 USD

PRICE/SF

$145 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NAPA AUTO PARTS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,521 SF

ZONING

D-1

APN/PARCEL ID

32.240.2940

ASK ABOUT THIS PROPERTY

Kevin McKennaMatthews Real Estate Investment ServicesMore Info
214-295-8749

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Kevin McKennaMatthews Real Estate Investment ServicesMore Info
214-295-8749

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