1004 18th Ave NW | Austin, MN 55912
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- LoopNet Team
1004 18th Ave NW
Austin, MN 55912
Austin Retail Center - Walmart Shadow Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 6-Suite Retail Center in Austin, MN | Approximately 85 Miles South of Minneapolis
- Modified Triple Net Lease Terms | Landlord is Only Responsible For Roof and Structure of the Property
- Very Dense Trade Area | Over 850K Square Feet of Retail Space Within a Half-Mile of the Subject Property
- Subject Features a Nationally Recognized Brand in Pizza Hut | Added Draw to the Center
- Subject Serves as an Outparcel to a Walmart Supercenter | Increased Traffic Flow
- 1 Mile from the 1.3 Million Square Foot Hormel Foods Plant (1,800 Employees) | Largest of Hormel Foods Manufacturing Locations
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
13,155 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.45 AC
Zoning
Retail
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 34-900-0402 | Improvements Assessment | $2,106,400 |
| Land Assessment | $367,500 | Total Assessment | $2,473,900 |
PROPERTY TAXES
Parcel Number
34-900-0402
Land Assessment
$367,500
Improvements Assessment
$2,106,400
Total Assessment
$2,473,900
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