12 Minnesota Ave N | Aitkin, MN 56431
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- LoopNet Team
12 Minnesota Ave N
Aitkin, MN 56431
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Original 15-Year Absolute Triple Net (NNN) Lease
- Ten Percent (10%) Rental Increase in July 2025
- Approximately 6.8 Years Remaining
- Six (6), Five (5)-Year Tenant Renewal Options
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,359 SF
Building Class
C
Year Built
2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.85 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
122’ on Minnesota Avenue North
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $458,700 | |
| Land Assessment | $176,300 | Total Assessment | $635,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$176,300
Improvements Assessment
$458,700
Total Assessment
$635,000
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