Big O Tires / TBC Corporation (Dark) 1305 Crystal Ln 4,809 SF Retail Building Chaska, MN 55318 $1,765,000 ($367.02/SF) 7.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Redevelopment opportunity with Lease buy out potential.
- The Corporate Big O Tires has closed this location with 5+ years remaining. Lease is guaranteed by TBC Corporation with over 2,000 locations
- 4,800 square feet on 0.67 acres.
- Low Asking Price of $1,765,000 @ 7.43% Cap Rate.
- The Hazeltine National Golf Club is located about 4 miles away from the property which is considered the Best Private Golf Club in Minnesota.
- Nearby retailers include Speedway, Valvoline, Caliber Collision, McDonald’s, Holiday, Caribou Coffee, O’Reilly, Napa, etc.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,809 SF
Building Class
B
Year Built
1998
Price
$1,765,000
Price Per SF
$367.02
Cap Rate
7.43%
NOI
$131,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.67 AC
Zoning
PMD - Planned Multi-Use Development
Frontage
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Big O Tires
- -
- 4,809 SF
- -
- Triple Net
- Sep 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Big O Tires | - | 4,809 SF | - | Triple Net | Sep 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30.1370050 | Improvements Assessment | $428,800 |
| Land Assessment | $291,900 | Total Assessment | $720,700 |
