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100 Lincoln Ave
Fairfax, MN 55332
Retail Property For Sale
Investment Highlights
- Absolute-Net Lease | Zero Landlord Responsibilities
- Original 15-Year Lease Commenced in January 2018
- 10 Percent Rent Increases in Each of the Five, Five-Year Renewal Options
- 2017 Build-to-Suit Construction
- Currently Nine Years Remaining on the Base Lease Term
- Limited Dollar Store & Grocery Store Competition | Nearest Dollar General is 15 Miles Away & Nearest Grocery Store is 20 Miles Away
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
7,489 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.52 AC
Zoning
C - Retail
Parking
40 Spaces (5.34 Spaces per 1,000 SF Leased)
Frontage
381’ on Lincoln Ave
Property Taxes
| Parcel Number | 31-01390-00 | Improvements Assessment | $230,600 |
| Land Assessment | $9,500 | Total Assessment | $240,100 |
Property Taxes
Parcel Number
31-01390-00
Land Assessment
$9,500
Improvements Assessment
$230,600
Total Assessment
$240,100
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