18025 Zane Street Northwest
Elk River, MN
Price:
$1,450,000
Cap Rate:
7.32%
NOI:
$106,250
Building Size:
Approx. 8,500 Sq. Ft.
Lot Size:
Approx. 1.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2008
Investment Overview
- Corporate Guarantee NNN Lease w/ 1.5 Yrs Remaining & (2) 5 Yr Renewal Options
- Dollar Tree is an S&P BBB Rated Company Operating Thousands of Stores
- Located in High Traffic Corridor Adjacent to US Hwy 10 & US Hwy 169 (75K VPD)
- Near Walmart Supercenter, The Home Depot, PetSmart, Target, Aldi, Goodwill
- Strong Income Demos with $84,530 within a 1-mile Radius
- Elk River | One of the Lowest Overall Tax Rates in the State of Minnesota