Property Details

Albertville Plaza

Albertville, MN
Property ID: 14116

Financial Summary

Asking Price $2,200,000
Cap Rate 7.42%
Net Operating Income (NOI) $163,213
Lease Type NN

Offering Memorandum

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Contact

Jim Rock, CCIM
Principal
612.913.5654

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Highlights

  • 16,718 SF two-tenant retail center situated on a 2.41 acre site
  • Well located at the intersection of County Roads 19 and 37
  • Constructed in 2008; property is well maintained
  • 100% occupied
  • Long-term leases in place (Goodyear and Dollar Tree)
  • $163,213 in NOI
  • Opportunity to acquire two adjacent land parcels

Location

11019 NE 61st Street
Albertville, MN

Leigh ClineAlbertville Plaza