14230 Dellwood Dr N, Baxter, Minnesota 56425

Sale Information

Asking Price: $1,501,412

Building Size: 6,000 SQ FT

Lot Size: 37462

Cost per Square Foot: $250.24

Cap Rate: 8.50%

NOI: $127,620.00

Property Overview

The Subject Property is part a single-tenant net lease portfolio. For more information regarding this property, or the 8 others in the portfolio, please reach out to Trinity REIS. The portfolio consist of 9 properties for a total purchase price of $15M with a blended cap rate of 7.72% and average lease term remaining of 9 years. Other tenants in the portfolio; Burger King (corporate), Gerber Collision, Dollar General, EZ Pawn and more.

Built: 2015

Occupancy: 100%

Property Details

Key Points: Newer Development Mattress Firm in Baxter, MN - Built in 2015 NNN Lease With Minimal LL Responsibilities - 8+ Years Remaining High Quality Construction - 100% Stone/Stucco Several National Credit Tenants in Immediate Area Located Along Main Retail Corridor in Baxter - 25K Vehicles/Day Strong Demographics - 26,000+ 5 Mile Population

Broker Information

Trinity Real Estate Investment Services
Branson Blackburn

b.blackburn@trinityreis.com

www.trinityreis.com/

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