85 Broadway St W - Service Station FOR SALE
Akeley, MN 56433 |
$1,152,425 USD
281-757-2709
85 Broadway St W
Akeley, MN 56433
HIGHLIGHTS
- 2016 built-to-suit construction for Dollar General
- ±6.75 years remaining on an initial 15-year lease
- Abs NNN lease with zero landlord responsibilities
- Attractive 7.50% cap rate in today’s competitive market
- Five, 5-year renewal period, all of which include 10% rental increases
- Corporately guaranteed lease from Dollar General Corporation
FOR SALE DETAILS
PRICE
$1,152,425 USD
PRICE/SF
$356 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,734 SF
ZONING
-
APN/PARCEL ID
29.37.05300
ASK ABOUT THIS PROPERTY
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281-757-2709
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281-757-2709
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