James Meline
(701) 388-1173
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Listing Details
- $2,750,000
- MLS# 6819999
- Type Commercial - Industrial
- Status Active
Listed By
Agency Name: Edina Realty
Agency Phone: 320-235-7887
Shown By
Agent Name: James Meline
Agent Phone: (701) 388-1173
Agency Title: Town & Country Realty
Home Value Estimate
Description
This is a rare and outstanding sale-leaseback investment opportunity that delivers immediate, guaranteed cash flow and strong upside potential. Priced at just $2,750,000, this 70,000 sq ft commercial building features a stable existing tenant secured under a triple-net lease at $4.00 per sq ft, generating $260,000 in annual rent. With the rate fixed for the first five years, investors enjoy a compelling 9.45 cap rate and reliable returns starting from day one.
Features
- Heating: Forced Air, Other, Radiant
- Stories: 2.0
- Taxes: $17,936
- Water: Private
- Year Built: 1975
Gallery
Listed By
Agency Name: Edina Realty
Agency Phone: 320-235-7887
Shown By
Agent Name: James Meline
Agent Phone: (701) 388-1173
Agency Title: Town & Country Realty
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