8400 N 60th St - Freestanding FOR SALE


Stillwater, MN 55082
$3,850,000 USD
612-332-6600
8400 N 60th St, Stillwater, MN for Sale
$3,850,000 USD
Freestanding - FOR SALE
1/3
null | 6.91% Cap Rate

8400 N 60th St
Stillwater, MN 55082


HIGHLIGHTS

  • SiteOne Landscape Supply has 5 1/2 years remaining on a NN lease with 3% annual increases.
  • This location has operated as a landscape supply & nursery store since 1974.
  • Traffic counts on Highway 36 is 38,500 vehicles per day. Nearby tenants include Fleet Farm, Target, Walmart, Menards, and more.
  • Population of 96,695 within a 5-mile radius and average household income of $133,830.
  • New shingled roof installed in 2020 with warranty.
  • SiteOne Landscape Supply is the largest and only national wholesale distributor of landscaping products in the United States and Canada.

OVERVIEW

Net, Net. Landlord responsible to repair and replace roof and structure above $10,000 in any single Lease Year. Landlord to maintain at its expense general public liability insurance. An additional 8.83 acres of pasture land is included in sale but encumbered by a non-incoming producing long term lease (please call for details).

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

6.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SiteOne Landscape & Supply

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

30.67 AC

LAND SF

1,335,985 SF

ZONING

-

APN/PARCEL ID

33-030-21-34-0002

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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